Each summer, Glencore Plc gathers its bankers at an exclusive Swiss resort for a day of golf. The hospitality has a rationale: those who convene at the Golf Club Bad Ragaz, nestled among Alpine foothills, represent the company’s financial lifeline. Three months before this...

SINGAPORE: Slumping Chinese demand continues to batter thermal coal prices in the first week of the fourth quarter, with benchmark physical cargoes dropping to their lowest in more than eight years. That has made coal, mostly used for power generation in emerging markets, the most prominent...

JAKARTA - Nilai tukar rupiah terhadap dolar AS yang menguat drastis menumbuhkan optimisme kondisi perekonomian Indonesia bisa segera bangkit. Selain faktor eksternal, penguatan ekonomi juga diyakini mencerminkan perbaikan ekonomi di dalam negeri. Kepala Ekonom Bank Negara Indonesia (BNI) Ryan...

Thermal coal prices are close to rock bottom as coal producers have squeezed almost all of the gains from increased productivity, lower fuel prices and weaker currencies, and prices are set to stabilize in 2016, said commodity analysts at investment bank Citi in a client conference call...

Unprecedented shareholder pressure over the past six months at listed commodities firms Noble and Glencore have taught their private rivals an unforgettable lesson – think twice before going public or amassing large physical assets. Noble’s stock is trading near its lowest since the...

China’s restrictions on certain types of highly polluting coal, introduced earlier this year as part of an accelerating campaign to clean up its air, have added to a significant glut in the global market for the fuel, the mining executive said on Friday. Coal prices have been tumbling...

The association has also highlighted the link between energy lack and global poverty. Of course, given its bent, the WCA argues coal has to very much be part of that solution. It says coal is essential to global efforts to achieve universal energy access and alleviate energy poverty as it...

Fed’s decision not to raise interest rates also renewed fears over sluggish pace of global growth LONDON—Share prices in U.K.-listed global miners were hit hard on Tuesday with commodities giant Glencore GLNCY -5.44 % PLC leading the pack down on continued fears that China’s...

Indonesia’s Energy and Mineral Resources Ministry is currently conducting research to check whether the country’s miners comply with (royalty and tax) payments as well as environmental regulations. It also investigates whether miners’ activities do not overlap with other mining...

Major coal producer Adaro Energy has announced that it has lowered its production target from 56-58 million tons previously to 54-56 million tons to mitigate oversupply that led to plunging commodity prices and cut the company’s profit by 31 percent on a yearly basis. According to its...