The ratio between coal stocks and daily consumption or use across key global hubs almost halved on the year by the end of June according to Argus analysis, amid recovering demand and a sluggish supply response this year.

Coking coal has surpassed iron ore to become the most expensive raw material input for steel makers, following a blistering rally in prices in the recent weeks, an analysis by S&P Global Platts showed.

For decades, thousands of abandoned coal mines in the United States have been polluting rivers and streams, in some cases harming fish and contaminating drinking water. Now, efforts to finally clean up the sites could soon get a big boost.

Climate change is pushing power, gas and water companies to the frontlines of an intensifying battle against natural disasters that is set to increasingly hit the profits of businesses around the world.

Leading global mining solutions provider Sandvik foresees a strong momentum for electric mining equipment over the coming decade and anticipates that it could account for more than half of its equipment sales in underground mining by 2030.

The Mining Association of Canada (MAC) congratulates Prime Minister-designate Justin Trudeau on his election victory and looks forward to working with the government to enhance responsible mining and critical minerals development in Canada.