Articles Tagged "glencore"

Coal Price Up 10 Percent as World’s Biggest Coal Port Remains Shut

Coal – Australia's Newcastle Port, the largest coal port in the world, has been closed since Monday due to severe storms on the east coast of the country. The price of thermal coal for delivery next month from Newcastle has gone up 10 percent, to $68 per tonne, on the back of delays expected due to the storm.

5 Top Coal Stories for Q1 2015

Coal – The first quarter of 2015 didn't bring much relief for the coal price and coal companies. And unfortunately now that we're well into the second quarter of the year, the situation is not looking much better. That said, there's definitely still interest in the coal market — here's a look at Coal Investing News' top articles from Q1.

Zambia Won’t Raise Mining Royalty to 20 Percent

Copper – Roughly four months after Barrick Gold halted operations at its Lumwana mine in Zambia due to higher royalties in the country, the government is set to change its decision on the royalty hike. Zambia’s cabinet has approved a proposal to drop the rate increase, according to a report from Bloomberg.