Coal Mining News

CONSOL Energy (CNX) Updates on Q2 Ops; Boosts FY11 Coal Production Outlook

CONSOL Energy Inc. (NYSE: CNX), updates on second quarter 2011 operations. From the release: "CONSOL Energy's Coal Division reports total coal production of 15.4 million tons for the quarter, including 1.4 million tons of low-vol metallurgical coal

Ivanhoe Mines Announces Appointment of Rio Tinto Executive Dan Larsen to Company's Board of Directors

(MARKETWIRE via COMTEX News Network) -- David Huberman, Chairman of Ivanhoe Mines, (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that Dan Larsen, Rio Tinto's Controller and Global Head of Planning and Reporting, has been appointed to the Ivanhoe Mines

QHD coal freight continues to fall this wk

The shipping rate for coal vessels from Qinhuangdao to other ports along the coastal area continued to decline this week, as coal demand has weakened notably since early Jun, according to Qinhuangdao Seaborne Coal Market. On Jul 13, the freight for

BHP industrial action heats up

Industrial action at BHP Billiton Limited's (ASX:BHP) Queensland mines is heating up as workers fight for more job security and pay rises. According to Fairfax Media more than 400 BHP workers have started strikes at the global miner’s coking coal mines after failed talks between the company and its employees.

Bloomberg: Joy Global in talks To acquire China's International Mining Machinery

Mining equipment maker Joy Global, Inc. (JOYG: News ) is close to acquiring Chinese coal-mining equipment maker International Mining Machinery Ltd. (ICMHF.PK), according to Bloomberg on Wednesday.

Multiple warnings over Pike River mine’s safety

A New Zealand mine expert told the Pike River inquiry he gave multiple warnings over safety risks at the coal mine.

Quarterly output rise flagged for Rio

Analysts expect mining giant Rio Tinto will reveal a quarter-on-quarter production rise later after rain hampered many of its Australian operations in the three months to March.

Protesters rally against Bridgeport coal plant

A group of climate activists led a protest at the gates of the Bridgeport Harbor Power Station Wednesday. The protesters said they were calling for a change from fossil fuels to renewable energy sources.

Federal Court to hear coal sale row (ABC)

An Australian coal company at loggerheads with a Brazilian-based partner over a central Queensland mine will seek damages in the Federal Court.

Vale holds to copper targets despite deal collapse

Brazilian miner Vale will stick to its target of producing 1-million tonnes of copper a year by 2015 after pulling out of a bid for South Africa's Metorex and may pursue other buyouts, a source close to Vale said on Wednesday.

Gold, coal and platinum strikes loom across South Africa

Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are red hot. South Africa's powerful National Union of Mineworkers (NUM) said on Wednesday wage talks with the country's main gold miners were deadlocked and it was preparing for a strike.

China to be top coking coal importer – consultant

China, until recently a net exporter of coking coal, is set to become the world's biggest importer of the steelmaking ingredient by 2015, causing "dizzying" upwards pressure on prices, a Brazil-based coal industry consultant told Dow Jones Newswires.

The 10 most-watched coal stocks

People watch stocks for different reasons -- they're waiting for a dip in price, watching for a specific catalyst, gathering all the news and information that might affect stocks they already own, or considering a sell. Regardless of their motivation, we can better understand market sentiment by seeing who's watching what.

Size can matter with carbon tax

It’s become colloquially known as ‘Carbon Sunday’ after the ALP bucked traditional trend, announcing its carbon tax to the nation on a Sunday, ahead of a five-week parliamentary break.

Quinn approves new clean coal plant

Gov. Pat Quinn has signed legislation that could lead to the construction of a new "clean coal" plant in Chicago that converts coal to natural gas. Quinn signed the bill Wednesday at the site of a former steel mill on Chicago's southeast side. Image of Gov. Pat Quinn is from Wikipedia

NL Technologies announces MSHA approval for Messenger RT Cap Lamp

NL Technologies today announced that the Messenger RT (Reverse Tracking) Cap Lamp has been approved by MSHA (Mine Safety Health Administration). The Messenger RT will allow coal mines to meet the requirements of the PPL-09 and Miner Act […]

GoM meet on coal to address green hurdles postponed

The meeting of the Group of Ministers (GoM) on coal, which was scheduled for tomorrow to try and resolve issues hurting the production of coal in the country, has been postponed.

Mine blast blamed on safety

The explosion that ripped through Pike River mine last year had its origin in changes to mining regulations in the 1990s, a former chief inspector of coal mines told the inquiry into the tragedy.

Pan Asia Corporation Indonesia coal project moves to final feasibility study

Pan Asia Corporation Limited is pleased to announce that it has now executed a formal agreement with leading underground mining group KOPEX to undertake a Final Feasibility Study on the TCM Coal Project in South Kalimantan, Indonesia.

Wyoming's Belle Ayr mine expected to bid again on coal lease

The Belle Ayr mine near Gillette Wyoming could try again for a chance to mine a nearly 1,700-acre coal lease. The Bureau of Land Management will hold a competitive lease sale on the parcel on Wednesday. It's estimated to contain about 222 million tons of mineable coal.

China Energy, Seamwell to construct Inner Mongolia "clean coal" plant

China Energy Conservation & Environmental Protection Group (CECEP), a state-owned developer, will construct a US$1.5 billion "clean coal" electric power plant in Inner Mongolia with UK-based Seamwell International, Bloomberg reported. The contract is being signed at a UK-China summit attended by Chinese Premier Wen Jiabao and UK Prime Minister David Cameron.

UK Coal reports rising production, recovery on track

UK Coal PLC reported rising coal production in the first half and said its strategic recovery is on track. In a trading statement ahead of reporting results for the first half to June 25, the company said total production in the period was 4.1 million tonnes.

Little: Mine safety changes needed

The Government cannot afford to wait for the completion of the Royal Commission into the Pike River Coal mine disaster to make mine safety changes in New Zealand, Andrew Little, former head of the Engineering, Printing and, Printing and Manufacturing Union (EPMU).

Puda Coal says auditor resigns, fiscal 2009 and 2010 'cannot be relied on'

Reuters reports China's Puda Coal said its auditor Moore Stephens has resigned, effective immediately, and the auditor warned that audit reports for fiscal years 2009 and 2010 should no longer be relied upon. In April, the Puda stock had been halted by the American Stock Exchange after the company said it will investigate unauthorized transactions in the shares of subsidiary Shanxi Coal by Chairman Ming Zhao, alleged by an website.

Motley Fool: the EPA won’t kill the coal industry

Depending on whom you ask, the past week has either been a major hit to America's domestic and labor markets, or a huge step forward in environmental protection. And it's not obvious who is on which side of the argument.