by Gordon Barratt | May 29, 2020 | News
With Illinois Basin thermal coal output expected to decline by up to 30% on an annualized basin in order to better meet 2020 demand, it will require adjustments and restructuring from regional producers, according to analysts and executives. “In our opinion,...
by Gordon Barratt | May 29, 2020 | News
America is continuing its exodus from coal. Alliant Energy Corp. announced it will close its coal-fired Edgewater power plant outside Sheboygan, Wis., in 2022. A few weeks earlier, Great River Energy said it plans to shut its Coal Creek Station north of Bismarck,...
by Gordon Barratt | May 29, 2020 | News
BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia. The world’s top asset manager raised concerns over “several controversial coal projects” with a South Korean utility, including in...
by Gordon Barratt | May 28, 2020 | News
An under-utilized $3.1 billion fund targeted at the poorest in India’s mining belt could prove to be a crucial resource in the South Asian nation’s fight against the coronavirus pandemic. Created under a new law in 2015, the so-called District Mineral Foundation funds...
by Gordon Barratt | May 28, 2020 | News
Cassini box-cut and portal location. Image: Mincor Resources Mincor Resources has awarded an underground mining contract to Pit N Portal for the Kambalda nickel operations in Western Australia. The contract entails a five-year underground mining services agreement at...
by Gordon Barratt | May 28, 2020 | News
The global copper market is expected to be in surplus by 285 000 t this year as a result of the coronavirus pandemic, with the overhang rising to 675 000 t in 2021, an industry body said in a report. The forecast from the International Wrought Copper Council (IWCC)...