New Hope delivers strong quarter

Mining News Pro - New Hope Group has released its quarterly reports for the first quarter of the 2023 financial year.

China buys more Australian coal as appetite for quality builds

Mining News Pro - Australian coal continues to make inroads among Chinese buyers, adding to pressure on domestic prices, with new shipments climbing to their highest level since Beijing halted imports in the fall of 2020.

BHP to grow iron ore and potash stock

Mining News Pro - BHP is looking into initiatives to grow its iron ore production to 300 million tonnes per annum.

Buying Teck’s coal unit as a standalone is a ‘distant second’ for Glencore

Mining News Pro - Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck should not leave out the Swiss miner if it keeps pursuing its separation plan, boss Gary Nagle told the Bank of America conference in Barcelona on Tuesday.

ISS advises Glencore shareholders to vote against climate progress report

Mining News Pro - Glencore’s investors should vote against the global miner and trader’s climate progress report and in favour of a shareholder resolution seeking more disclosure on thermal coal, proxy advisor Institutional Shareholder Services (ISS) said.

Iron Mine Contracting secure major mining deal

Mining News Pro - Iron Mine Contracting will continue its partnership with Liontown after it was awarded a multi-million-dollar open pit mining services contract in Kathleen Valley.

Glass Lewis joins call for increased Glencore disclosure on coal

Mining News Pro - Proxy adviser Glass Lewis has urged investors in global miner and trader Glencore to support a shareholder resolution asking for more disclosure on thermal coal production.

Coal India profit drops after wage cost provisions jump 12-fold

Mining News Pro - Coal India Ltd., one of the world’s top producers of the fuel, reported a 17% decline in profits following a 12-times surge in provisioning for higher staff wages.

Investors irked by Glencore’s stance on thermal coal AGM vote

Mining News Pro - Investors pushing for more transparency on miner Glencore’s thermal coal production said its decision not to support a shareholder resolution on the topic showed a “fundamental lack of willingness to engage”.

Glencore’s Teck takeover may become a reality

Mining News Pro - Teck Resources has withdrawn its proposal to split the company, which industry experts say may cause Glencore to attempt another takeover offer.

Canadian Conservatives want Glencore takeover of Teck blocked

Mining News Pro - Canada’s main opposition party called for the government to block Glencore Plc’s proposed takeover of Teck Resources Ltd.

Canadian Conservatives want Glencore takeover of Teck blocked

Mining News Pro - Canada’s main opposition party called for the government to block Glencore Plc’s proposed takeover of Teck Resources Ltd.

China to speed up iron ore projects to secure domestic supply

Mining News Pro - China’s state planner on Wednesday said it will accelerate the construction of iron ore exploration projects and improve its capability to ensure iron ore supplies.

Teck takes another hit as Glass Lewis recommends ‘no’ vote

Mining News Pro - Teck Resources took another blow in its defense against Glencore Plc, after influential advisory firm Glass Lewis said shareholders should vote against the Canadian miner’s strategy to split out its coal business.

Cyclone Ilsa hits Australia’s northwest, spares iron ore export hub

Mining News Pro - A tropical cyclone smashed Australia’s northwest coast as a category 5 storm, setting new wind speed records, but has largely spared populated regions including the world’s largest iron ore export hub, authorities said on Friday.

Swiss court upholds corruption ruling against mining magnate Steinmetz

Mining News Pro - A Swiss appeals court said on Tuesday it had upheld a guilty verdict for corruption against mining magnate Beny Steinmetz, who was sentenced in Geneva two years ago in one of the mining industry’s most high-profile legal disputes.

Teck said to be open to offers once coal spinoff is complete

Mining News Pro - Teck Resources Ltd. is willing to entertain offers from potential suitors after it finishes the spinoff of its steelmaking coal business, according to people familiar with the matter.

South Africa pushes to delay coal plant closures

Mining News Pro - South Africa has told rich countries backing its $8.5 billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants, people familiar with the situation said.

High-quality concrete produced with coal fly ash

Mining News Pro - Researchers at Rice University are employing flash Joule heating to remove toxic heavy metals from fly ash, a powdery byproduct of coal-based electric power plants that is used frequently in concrete mixtures.

Iron ore price falls on China warning, production controls in Tangshan

Mining News Pro - Iron ore price fell on Monday after China’s state planner issued another warning against speculation in the market and fresh production curbs were imposed in major Chinese steel cities.

Coal use seen peaking next year as India, China determine future

Mining News Pro - Global coal consumption will likely peak by next year as economics and climate strategies shift the world toward cleaner energy, but several wild cards could determine how long the dirtiest fossil fuel persists, according to BloombergNEF.

Iron ore slides after China seeks advice on rising prices

Mining News Pro - Dalian and Singapore iron ore futures weakened on Monday after China’s state planner said last week it had sought expert advice on policy measures to deal with the recent rapid rise in prices of the raw material.

Iron ore price jumps on China data, bullish steel demand outlook

Mining News Pro - Iron ore futures jumped on Wednesday, as better-than-expected China manufacturing activity data raised hopes for a demand rebound in the world’s top steel producer.

Death toll rises after coal mine collapses in northern China

Mining News Pro - The collapse of a coal mine in northern China has claimed four lives with 49 people still missing, state broadcaster CCTV reported Thursday.

Teck is said to plan coal spinoff to focus on metals

Mining News Pro - Teck Resources Ltd. is planning to separate its multibillion-dollar steelmaking coal business to focus more on industrial metals, according to people familiar with the matter.

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