With the Pope set to join the G7 and the Church of England to call for the neutralisation of fossil fuels, coal looks to be on a losing wicket. But the Australian coal sector, battered and bruised after several tough years, isn’t panicking. Indeed, the view that came through strongly at...

SINGAPORE, June 17 (Reuters) – Australian coal prices have risen almost 8 percent since the beginning of June as a drought in South Asia pushes up power demand, although the overall sentiment in the sector remains bearish due to falling imports by other major Asian buyers. Coal prices for...

Speaking on video to Creamer Media’s senior staff writer Zandile Mavuso at Glencore’s donation of a new R75-million state-of-the-art school to South Africa’s Department of Basic Education, Glencore CEO Ivan Glasenberg outlined higher expected future demand for seaborne coal, owing...

Economically-integrated Asean can replace China in providing multi-national companies (MNCs) a total value chain for their business, according to TMF Group’s new paper paper entitled The AseanCommunity: Capturing the zeitgeist of rising Asia”. Yet, that would be achieved if all...

(Reuters) – A trust controlled by British financier Nat Rothschild and the parent of Russia’s Siberian Coal Energy Co are considering making a cash offer for coal miner Asia Resource Minerals Plc , which has most of its operations in Indonesia. The potential offer from NR Holdings...

NUSA DUA, Indonesia, June 8 (Reuters) – Indonesia will push for consolidation in its mining sector while coal prices are low and may soon revoke more than 4,000 licences that have caused problems in the coal and minerals sectors, its mining and energy minister said on Monday. Indonesia...

Fewer power cuts are likely in India this summer after a surge in output at Coal India (COAL.NS) helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May. Fast-track mine approvals, tighter production...

Lessons Learned from Down Under Carbon taxes and renewable mandates drive electricity prices up. The experience in Australia offers a dramatic example. Australia elected a new government to repeal the Carbon Tax in 2014, which was estimated to cost the economy more than $20 million a day....

There appears to be an outbreak of “cautious optimism” in the Asian commodities sector. It was easy to lose track of the number of times the phrase popped up in presentations and conversations at four major commodities conferences in the region in the past two weeks. However,...

At a time when multilateral funders such as the World Bank have stopped supporting coal-fuelled power projects, Japanese lending institutions and banks are willing to help India’s quest for providing power to people still living without electricity. Of India’s installed power...