Latest news
Restructuring of Polish mining industry boosts net profits
The Polish coal mining industry saw an 80% rise in net profits this year compared to the last, when the coal mining industry was in the process of restructuring and coal prices were high.
read more... 23/08/2017
Cheap solar power might be good for Australia’s mining sector
Australia’s most distinguished solar power researcher, Dr. Martin Green, says prices for PV technology will fall drastically. And while the plunge in prices could be harmful to the country’s thermal coal industry, it could bring multiple benefits to other Australian mineral and material exports.
read more... 22/08/2017
Daily (18.08.2017): European carbon prices hit €6 on Thursday to reach a new 5.5-month high
Oil prices rose on Thursday as the EIA data showed commercial U.S. crude stocks have dropped by almost 13%, being at present lower than in 2016. Traders consider that the oil market is becoming more balanced and U.S. stocks might fall below the 5-year average in next 2 months. However, increasing U.S. output has been undermining efforts by the OPEC and non-OPEC producers to drain a global fuel glut. Brent edged up by 1.5% to $51.03 a barrel, while WTI price surged by 0.66% to end at $47.09 a barrel.
read more... 18/08/2017
Coal mining companies risk $16 billion due to climate change
A new study from the Carbon Disclosure Project (CDP) concluded that major coal mining companies find themselves at risk of losing $16 billion (£12.3bn) due to climate change.
read more... 24/07/2017
Coal mining companies struggle to deal with carbon emissions
The new report from the Transition Pathway Initiative (TPI) concluded that many coal mining companies find themselves having a hard time keeping their businesses up to par due to climate change and rising levels of carbon emissions.
read more... 13/07/2017