Coal News

Coal mining, investment and price news

What will Ivan buy next? Take 2

Frik Els | September 18, 2014
What will Ivan buy next? Take 2

"All that's required is to hand the world’s best mining assets to the world’s best management."

Toronto investors: 8 reasons to attend #Canvest14

CEO.CA | September 19, 2014

Next week, CEOs, financiers and investors will gather for two days of sharing ideas and networking opportunities.

PIC OF THE DAY: Blasting at Blue Ridge Summit

Michael Allan McCrae | September 18, 2014
blue ridge summit feat

Boom.

Oilprice.com

Why China's insatiable appetite for coal has likely peaked

Oilprice.com | September 16, 2014
Slow growth spoiling China’s appetite for coal

A recent report from Greenpeace found that China's coal consumption declined in the first half of this year and new Chinese government data suggests that the country's coal imports have dropped. Estimates indicate that by the end of the year, China's coal imports could be 8 percent below 2013 levels.

Frik Els

What will Ivan buy next?

Frik Els | September 15, 2014
What will Ivan buy next?

A GlenTinto is not as far-fetched as it sounds.

Frik Els

$8bn mining private equity needs to be spent. And soon

Frik Els | September 14, 2014
$8bn mining private equity needs to be spent. And soon

Countercyclical investors sitting on $8 billion unspent funds have been waiting for clear signs of a market bottom. The wait may well be over.

China's war on pollution is finally moving coal prices

Frik Els | September 13, 2014
China's war on pollution is finally moving coal prices

The latest restrictions on production, consumption and imports could drive prices 10% higher by the end of the year.

Anglo American puts Peace River on care and maintenance

CNW Group | September 12, 2014
For US coal industry, volatility 'a new normal'

Anglo American is putting its Peace River metallurgical coal operation on care and maintenance. Operations at the Trend mine will cease at the end of 2014.

These are the top risks miners face

Cecilia Jamasmie | September 11, 2014
These are the top risks miners face these days

Productivity, followed by capital decisions and obtaining a social license to operate, are among the top risks global mining and metals companies face.

Workers allegedly denied safety gear, told coal ash ‘safe enough to eat’

Cecilia Jamasmie | September 10, 2014
Workers denied safety gear, told coal ash ‘safe enough to eat’

American Electric Power faces lawsuit.

Another setback for Canadian met coal mine in Tahltan territory

Business in Vancouver | September 9, 2014
Another setback for Canadian met coal mine in Tahltan territory

The government of Canada's British Columbia, has hit the pause button on a high-grade anthracite coal mine proposed by Fortune Minerals Limited in the northwest part of the province.

India’s Supreme Court revises judgment on illegal coal blocks

Cecilia Jamasmie | September 9, 2014
India’s Supreme Court revises judgment on illegal coal blocks

It won't announce its verdict on the matter until an unspecified later date.

The ironies of shipping U.S. coal from B.C.

Globe and Mail | September 8, 2014
The ironies of shipping U.S. coal from B.C.

The latest battleground for U.S. President Barack Obama’s so-called war on coal isn’t even in the lower 48 states. It’s across the border in British Columbia.

INFOGRAPHIC: Geosynthetics — an $18 billion market

Cecilia Jamasmie | September 8, 2014
INFOGRAPHIC: Geosynthetics — an $18 billion market

First international conference about geosynthetics in mining begins Monday.

Anglo American chief not going for any major corporate split

Cecilia Jamasmie | September 7, 2014
Anglo American chief not going for any major corporate split

A big corporate break-up à la BHP Billiton is definitively not in his books, he told FT.com.

Australia’s exploration spending down the slippery slope

Cecilia Jamasmie | September 7, 2014
Australia’s exploration spending down the slippery slope

The figure recently hit a seven-year low, rising concerns over how these cost-cutting measures may delay the country’s next generation of mines.

INFOGRAPHIC: A forecast of when the world's resources will run out

Cecilia Jamasmie | September 7, 2014
INFOGRAPHIC: Here is when the world's resources will run out

Here is one interpretation of how much is left on Earth.

Met coal could be reaching a cyclical low

Sprott Group | September 6, 2014
coal pile 333

After reaching a six-year low in its price and recent industry cutbacks to production, metallurgical coal is showing classic signs of a resource that is ready for a cyclical uptrend.

Canadian government ‘not pleased’ with Nova Scotia’s plans to ban fracking

Cecilia Jamasmie | September 5, 2014
Canadian government ‘not pleased’ with Nova Scotia’s plans to ban fracking

The Atlantic province will introduce legislation to prohibit high-volume hydraulic fracturing for onshore shale gas this fall.

Five coal miners die in Bosnia after quake causes mine collapse

Cecilia Jamasmie | September 5, 2014
Bosnian coal miners trapped alive after earthquake

Officials halted rescue efforts, believing that five men who remained trapped underground were dead.

Joy Global profit drops as sales continue to fall

Cecilia Jamasmie | September 4, 2014
Joy Global profit drops as sales continue to fall

Fiscal third-quarter profit dropped 61% to $71.3 million, or 71 cents a share, down from $183.2 million, or $1.71 a share, a year earlier.

Frik Els

Glasenberg pooh-poohs Anglo takeover

Frik Els | September 3, 2014
Glasenberg pooh-poohs Anglo takeover

There's a history there of course. Just ask Mick Davis.

Australia kills unpopular mining tax

Cecilia Jamasmie | September 3, 2014
Australia kills mining tax

The decision is considered a key political victory for Prime Minister Tony Abbott.

Rare earth, other mining projects pile up in northern Europe

Cecilia Jamasmie | September 3, 2014
Rare earth, other mining projects pile up in northern Europe

Vast stretches of northern Europe’s wilderness will soon host more mining companies going ahead with several projects in the area.

Miner killed in Turkish coal mine

Cecilia Jamasmie | September 2, 2014
Miner killed in Turkish coal mine

Mining accidents are common in Turkey, where poor safety conditions have cost 3,000 lives since 1941.

Coal shortage cripples half of India’s power plants

Cecilia Jamasmie | August 29, 2014
Coal shortage cripples half of India’s power plants

They barely have enough to last a week, the lowest level since one of the world's worst blackouts hit the country in 2012.

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