Category: news

September 28, 2023

Glencore & Seriti to potentially cut jobs in South Africa due to challenges faced by Transnet, in transporting coal.

September 27, 2023

Sev.en Global Investments expressed interest in acquiring more Australian power assets to manage the gradual exit from coal.

September 26, 2023

Sev.en Global Investments, is making a substantial bet on coal with a $1.6 billion deal to acquire a 51% stake in Coronado Global Resources.

September 25, 2023

A coal mine accident in Guizhou province, China, claimed 16 lives after a conveyor belt caught fire, trapping workers underground.

September 22, 2023

India’s plans to add 25-30 GW of thermal power on top of 49 GW already under construction, resulting in 40% more coal burn.

September 21, 2023

Chevron hasn’t reached an agreement with unions regarding strike action at the Gorgon and Wheatstone LNG facilities.

September 20, 2023

Whitehaven Coal is considering using $1.1bn to $1.8bn in debt to purchase BHP’s coal mines in Queensland, as suggested by UBS analysts.

September 19, 2023

New Hope Coal reported record profits due to high coal prices, and plans to nearly double production this decade.

September 18, 2023

Thermal coal prices strengthened, surpassing $125 USD/ton, attributed to increased consumption and a sharp rise in gas prices.

September 15, 2023

Haul truck operations at Peak Downs might be suspended for two more weeks after two trucks slid over 100 meters during an overnight shift.

September 14, 2023

Low water levels in the Mississippi River led to a 57% drop in Gulf Coast coal shipments, only six ships left in the week ending Sept. 10.

September 13, 2023

The EIA has raised its 2023 total coal production outlook to 583 million short tons, a slight increase from August’s estimate.