German front-year power extends 2-year low
December 15, 2023
The Cal 24 slumped to EUR 87.84/MWh, the lowest since September 2021. It was last seen down EUR 1.50 at EUR 88.05/MWh.
Author: CoalNewswire
China’s ferrous futures retreat as sentiment cools
December 14, 2023
China’s rebar and iron ore pulled back on Wednesday, after a two-day economic planning conference in Beijing ended without new stimulus
Five coal companies sue province of Alberta for $8 billion
December 14, 2023
Five coal companies are suing Alberta for a total C$10.8 B ($8bn), claiming the government’s coal policy cost them lost revenues
Newcastle coal index surges 16% after train crash
December 14, 2023
The thermal coal index jumped to its highest levels in almost three months this week owing to logistical constraints
South Africa aims to fire up economic growth with port & rail revival
December 14, 2023
South Africa’s government and business community wants to boost economic growth by fixing the ports & freight-rail network.
Eskom set for seventh full-year loss as power cuts grip South Africa
December 14, 2023
Eskom Holdings is on track to post its seventh consecutive full-year loss as it crumbles under the weight of debt & performance issues
Thungela “Not Yet” Cutting Jobs
December 14, 2023
Thungela Resources does not plan broad job cuts at its South African coal mines despite ongoing output curbs,
Glencore to update its emissions reduction plan
December 14, 2023
Global miner Glencore said after some investors rejected its climate progress it will Updated its climate action transition plan in March
German power futures ease in narrow range after recent lows
December 14, 2023
German power futures prices were a shade down in range-bound trading on Thursday following lows reached earlier in the week.
Coal Mine Accident Kills 3 in Shanxi
December 14, 2023
An accident in a coal mine in northern China’s Shanxi province left three people dead, state broadcaster CCTV reported Thursday.
Thungela: CFO’s Pre-Close Statement for year ending December 2023
December 13, 2023
Thungela’s CFO reports that despite rail challenges, the company is on track to meet its full year 2023 guidance
Cliffs Raises Bid for US Steel
December 13, 2023
U.S. Steel has now received multiple bids of more than $40 per share, sending shares up from $36 per share before the report.