by Gordon Barratt | Sep 17, 2020 | News
Newmont CEO Tom Palmer The world’s biggest gold producer sees the price of the precious metal remaining “elevated” as governments continue pandemic stimulus spending, but don’t expect that to change Newmont’s focus on fiscal “discipline” any time soon. Gold...
by Gordon Barratt | Sep 17, 2020 | News
Peabody Energy has bid farewell to its long-standing chief operating officer Charles Meintjes, who has resigned from the company. The company alerted the United States Securities and Exchange Commission last week that Meintjes would be leaving to “pursue other...
by Gordon Barratt | Sep 17, 2020 | News
Image: BHP Billiton BHP is continuing to review its Mt Arthur coal operations, including making moves to lower operating costs, despite the mining giant expressing its interest to sell the New South Wales mine. In its annual report, BHP reflected on transitioning its...
by Gordon Barratt | Sep 17, 2020 | News
The world’s largest thermal coal exporter is eyeing new markets as its largest export destinations threaten to cut imports. Indonesia is targeting Bangladesh, Pakistan and Vietnam as China and India seek to curb thermal coal imports into the long term. Australian and...
by Gordon Barratt | Sep 17, 2020 | News
Poland’s largest utility, Polska Grupa Energetyczna (PGE), is planning to phase out coal and offer zero emission energy by 2050, CEO Wojciech Dabrowski said Sept 15. “PGE, as the largest company in the sector, will play a key role in achieving zero...
by Gordon Barratt | Sep 17, 2020 | News
The government’s energy strategy targets new clean energy capacity this decade but all existing coal power plants will also remain active, gas pipelines could be upgraded and new nuclear facilities deployed. The parliament will discuss a draft energy strategy before...