Coal isn't coming back, not even with Trump's help
President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making coal great again.
President Donald Trump just made good on his campaign vow to leave the Paris climate accord. Now, the hard part: making coal great again.
After a miserable May, iron ore opened the new month on the back foot.
Once one of China's most powerful steel executive will serve 15 years in prison after corruption and bribery conviction.
BHP defends its Singapore marketing hub where it is accused of routing profits and says it is confident of its position in a $1 billion dispute with the Australian Taxation Office.
New analysis reveals impact of five year deal with state government.
BHP's board is expected to select a new chairman at its June meeting to replace long-serving former Ford Motor Co boss Jac Nasser, according to two sources.
Nickel prices tumbled on investor concern over rising supply from top producers Indonesia and the Philippines.
You would think Adani would have given up on Australia's biggest coal mine by now.
The royalties deal struck with Adani could also be available to existing mine operators in Queensland, Treasurer Curtis Pitt says.
Queensland's Land Court has recommended rejecting the expansion of the controversial coal mine.
Declining competition in gas markets, which is leaving consumers exposed to surging wholesale prices
The deal follows tension between the Left and Right factions in the Palaszczuk cabinet over royalties for the Adani mine.
Retired coal miner Percy Verrall believes compensation should be on the table for workers affected by the insidious black lung disease.
The cash-strapped Western Australian state government will ask Rio Tinto and BHP to pay an upfront multi-billion dollar fee in exchange for cancelling an ongoing levy on their iron ore production.
BHP Billiton is assuring shareholders that it's exploring numerous options for its contentious US shale unit amid pressure from activist investor Elliott Management to carry out a wider review of petroleum operations.
Western Australia may ask Rio Tinto and BHP Billiton to pay potentially billions of dollars to end a mining rent tax to help patch a budget decimated by lower commodity prices.
Iron ore tumbled last week, falling below the $US58 a tonne mark on Friday, and volatility risk has risen, according to NAB.
Prospects for the controversial Adani coal mine have dimmed further with the Queensland government saying it wants no role in any federal loan to support the project.
The future of Adani's proposed multibillion-dollar Carmichael coal mine remains under a cloud even after Queensland declared it had settled on a royalty regime.
Queensland cabinet has decided not to grant a royalty holiday for the Adani Carmichael mine.
Israeli businessman Beny Steinmetz has labelled George Soros "nuts" and accused him of trying to upset his hopes of developing the Simandou iron ore mine in Guinea, according to a media report.
Major Australian banks have been under pressure to rule out funding Adani's controversial Carmichael mine but the former CEO of Australia's second biggest miner says the Indian giant doesn't need their money anyway.
Sam Walsh has a clear conscience the claims of corruption he has become ensnared in over the miner's actions in Guinea will leave him untouched.
Noble Group Ltd.'s crisis deepened after S&P; Global Ratings flagged a risk of default for the commodity trader within a year, triggering a rout in the company's shares before they were suspended in Singapore ahead of a company statement. The 2020 bonds fell to a record low.
Brazilian iron ore miner Samarco, jointly owned by BHP and Vale, says resuming operations this year will be challenging.
There is only a small possibility that the stricken Samarco mine in Brazil will begin operation again this year.
Prices in Port Hedland are starting to rise, after having collapsed near 70 per cent during the past four years.
Australia risks a future looking like "France and not Singapore", the boss of explosives group Orica has warned
The record heap of iron ore on China's doorstep just got even bigger.
Cabinet is yet to reach a decision on whether to offer lower royalties to Indian mining giant Adani.
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