by Gordon Barratt | Feb 21, 2020 | News
At least five of America’s coal producers went bankrupt in 2019. Prices for the fossil fuel have plunged 40% since a 2018 peak. And some of the nation’s largest miners are retrenching and slashing their dividends. But don’t be mistaken: The fight against climate...
by Gordon Barratt | Feb 20, 2020 | News
Diversified mining company Anglo American delivered 2019 profit attributable to equity shareholders of $3.5-billion, in line with the prior year. The company, headed by CEO Mark Cutifani, generated underlying earnings of $10-billion, a 9% increase, and $2.3-billion of...
by Gordon Barratt | Feb 20, 2020 | News
The Mexican government will resume a search for the bodies of dozens of coal miners killed in a blast more than a decade ago, after mining firm Grupo Mexico returned the concession for the site to the government, officials said on Wednesday. Speaking on the 14th...
by Gordon Barratt | Feb 20, 2020 | News
Warrior Met Coal announced that it is commencing development of its Blue Creek reserves into a new, world-class longwall mine located in Alabama near its existing mines. Once completed, this transformational growth investment will reinforce Warrior’s position as the...
by Gordon Barratt | Feb 20, 2020 | News
Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20 million for Lilac Solutions, a U.S. startup aimed at making the extraction of lithium less water-intensive and more sustainable. As the world looks to...
