Coal News

Coal mining, investment and price news

Canada’s Nova Scotia introduces ruling to ban fracking

Cecilia Jamasmie | September 30, 2014
Canada’s Nova Scotia introduces ruling to ban fracking

The proposed law, however, would allow fracking for testing and research purposes.

Oilprice.com

Fed up with Federal inaction, States act alone on cap-and-trade

Oilprice.com | September 30, 2014

Unsatisfied with the pace at which the federal government is acting to reduce greenhouse gas emissions, several U.S. states and a few Canadian provinces are forging ahead with their own initiatives.

Rio Tinto, Glencore could save $500m by joining coal businesses

Cecilia Jamasmie | September 30, 2014
Rio Tinto, Glencore could save $500m by joining coal businesses

It would also create a a 15-kilometre long ‘‘super pit’’ from the union of Rio’s Mount Thorley Warkworth and Glencore’s Bulga open-pit mines.

Solar power to replace coal as world's top electricity source by 2050 — IEA

Cecilia Jamasmie | September 29, 2014
Solar power to replace coal as world's top electricity source by 2050 — IEA

Coal currently generates about 36% of global electric power, according to the energy watchdog.

Coal mining revival in Canada's Alberta eyed by Australian company

CBC Ottawa | September 29, 2014

The Crowsnest Pass in southern Alberta hasn't seen a working coal mine in decades, but an Australian company has a plan to change that.

India’s biggest underground coal mine opens next month

Cecilia Jamasmie | September 29, 2014
India’s biggest underground coal mine opens next month

With an annual capacity of 2.8 million tonnes the mine is expected to help feed the country’s starved power stations.

Coalview to participate at Met Coke World Summit 2014 in Chicago

The company is in various stages of development of recovery projects in Canada, Alabama, Illinois, Pennsylvania and West Virginia.

China to impose revamped coal tax in December

Cecilia Jamasmie | September 29, 2014
China to impose revamped coal tax in December

The new resource expected to encourage a more efficient use of coal, which has been blamed for the nation's severe air pollution troubles.

Vale and Sumitomo have decided to close their Isaac Plains coalmine in Queenslands Bowen Basin

Sydney Morning Herald | September 29, 2014

The Australian coal sector continues to contract sharply, with hundreds of workers at another Queensland mine set to be told of imminent job losses on Tuesday morning.

Coal still burning hot in Alberta

Andrew Topf | September 28, 2014
Illustration of Canadian state of Alberta flag, Canada.

The Edmonton Journal published an article last week on the Genesee 1, 2 and 3 coal-fired generating facilities, located not far from the Alberta capital.

Miners ordered to hand back land to natives in Colombia

Cecilia Jamasmie | September 26, 2014
Miners ordered to hand back land to natives in Colombia

The ruling, which affects 11 gold mining companies, is the first of its kind in the South American nation.

Canadian researchers modernize solar power with nano gold technology

Cecilia Jamasmie | September 26, 2014
Canadian researchers modernize solar power with nano gold technology

Scientists have discovered that a small molecule created with just 144 atoms of gold can increase solar cell performance by more than 10%.

BHP freezes executive pay

Frik Els | September 25, 2014
BHP Billiton cuts spending by 25%

CEO Andrew Mackenzie's pay package is already only half that of his predecessor.

Polish miners abandon Russian coal imports blockade

Cecilia Jamasmie | September 25, 2014
Polish miners abandon Russian coal imports blockade

Warsaw has promised industry support.

JPMorgan Among Banks Mining Demand for Polish Coal Bonds

Bloomberg | September 25, 2014

Poland’s top three coal companies, burdened by losses amid communist-era benefit payments and a market glut, are hiring banks including JPMorgan Chase & Co. and BNP Paribas SA to sell debut Eurobonds to raise cash.

CHART: BHP before and after spin-off

Frik Els | September 25, 2014
CHART: BHP before and after spin-off

Bubble chart shows heavy reliance on iron ore and oil for revenues and profits post demerger.

BHP to go ahead with London-listing of demerged $15bn firm

Cecilia Jamasmie | September 24, 2014
BHP to go ahead with London-listing of demerged $15bn firm

New company would still have its primary listing in Australia, with secondary listings in South Africa and the UK.

Uncovering Canada's frozen assets

SNL Metals & Mining | September 24, 2014
ship_in_arctic

Canadian Prime Minister Stephen Harper announced the discovery of one of two ships that comprised Sir John Franklin's ill-fated expedition in 1845, which has revived interest in the metals wealth of the Arctic and its ownership.

India’s top court cancels over 200 coal licences

Cecilia Jamasmie | September 24, 2014
India’s top court cancels over 200 coal licences

It only spared four of the licences granted since 1993.

Miner among Africa’s top 10 female business leaders

Cecilia Jamasmie | September 24, 2014
Miner among Africa’s top 10 female business leaders

Bridgette Radebe, chairwoman of Mmakau Mining and president of the South African Mining Development Association, is known for being one of Africa’s first black female mine owners.

Low metal prices put chill on global mineral exploration

Cecilia Jamasmie | September 24, 2014
Low metal prices put chill on global mineral exploration

Fresh data suggests it is still too early to celebrate a recovery in the sector.

BHP-Mitsubishi axing 700 coal mining jobs

Cecilia Jamasmie | September 23, 2014
BHP-Mitsubishi axing 700 coal mining jobs

Companies said over-staffing in the current environment was threatening the viability of their Australian operations.

Electricity consumers have spoken in 2014

David Boleneus - CostMine | September 22, 2014

Consumer opinions favoring coal are now clearer than ever: The demand for coal to fuel electricity generators remains on the rise to satisfy this greater need in the U.S., much to the chagrin of Obama followers.

Coal must be part of America's energy future

Washington Examiner | September 22, 2014

Along with oil and natural gas, coal is an essential part of the energy tripod that keeps the U.S. economy the largest in the world.

Coal revival cripples Germany’s $130 billion green drive

Cecilia Jamasmie | September 22, 2014
Coal revival cripples Germany’s $130 billion green drive

Germany’s energy revolution —or “Energiewende”— has so far added more than $134 billion to the country's power bills.

Alpha Natural Resources selects Plum Energy to supply LNG for Eagle Butte mine haul trucks

Alpha Natural Resources | September 21, 2014
AngloGold Ashanti signs gas deal for Aussie mines

Alpha Natural Resources, Inc.(NYSE: ANR), announced Friday that Plum Energy LLC will construct a liquefied natural gas (LNG) plant on property adjacent to Alpha Coal West Inc.'s Eagle Butte Mine, near Gillette, Wyoming.

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