Mining News


Glencore to acquire Hail Creek coal mine in Queensland

Glencore has reached agreement to acquire Rio Tinto‘s 82 % interest in the Hail Creek coal mine and adjacent coal resources, as well as its 71.2 % interest in the Valeria coal resource in central Queensland for a total cash consideration of US$ 1.7 billion.


EURACOAL appoints Tomasz Rogala from Europe’s largest hard coal producer to lead the association

EURACOAL members have unanimously voted to appoint Tomasz Rogala as the association’s new President.


EurObserv’ER Barometer: Still three points to go to meet the 2020 target

In 2016, the EU moved up a level towards achieving the main 2020 target set in the Renewable Energies Directive. According to Eurostat, the renewable energy share of EU final gross energy consumption was 17 % in 2016, which is exactly twice its 2004 level (8.5 %), the first year for which data was registered. The EU is now only three points short of its 2020 target.