Bulgaria’s largest privately owned gas company, Overgas Inc. AD, acting in a consortium of partners from five European countries, has signed an agreement for financial support to a research project on underground coal gasification (UCG) […]
Coal Mining News
The group announced better-than-expected results for the year on the back of higher prices and said it remains positive about the outlook for commodities markets. Anglo American (AAL.L: Quote) (AGLJ.J:Quote), the world's fourth-largest diversified miner,
The Anglo-Australian company wants to benefit from higher prices for steel-making coal, the business daily said, adding steelmakers oppose the switch, fearing frequent price changes would make production costs more volatile.
The Australian miner said annual sales could fall by around a fifth as a result of the heavy flooding that in the country that affected some of its collieries Australian miner Macarthur Coal's annual sales could fall by around a fifth
Mining companies in the United States are being warned that their operations could be the target of increased scrutiny by the US Environmental Protection Agency (EPA).
The Obama Administration has called for a hardrock mining royalty and a new hardrock AML fee, along with other fees and tax increases for coal mining.
Coal price volatility has not been an issue for the Japanese steel mills since the industry switched to quarterly pricing in April 2010.
The recent news that Ridley Terminals Inc (RTI), located near Prince Rupert on Canada’s northwest coast, has signed a new long-term agreement with its largest shipper, Western Coal Corp, comes at an opportune time.
Vancouver-based Western Coal, which has agreed to a C$3,3-billion takeover by rival Walter Energy, is seeing improvements in the logistics systems it uses to ship coal from its operations in western Canada, COO Neil Winkelmann said […]
Teck Resources, the second-biggest producer of seaborne hard-coking coal, expects markets for the steelmaking ingredient will remain tight this year, CEO Don Lindsay said on Wednesday. Mining Weekly reports:
Colombia coal producer Cerrejon's management and union miners are expected to sign a pay deal on Tuesday.
Georgina Rinehart is Australia's wealthiest individual with an estimated net worth of $9 billion, according to Forbes list of Australia's 40 Richest released on Wednesday. Rinehart's net worth rose $7 billion from the previous year's […]
The CEO of a Canadian coal start-up says voracious demand for thermal coal will keep the shovels turning for three decades on a proposed new mine in Western Canada.
Mining Weekly reports that U.S. miner Patriot Coal will open a number of new mines in the next two years as it moves to expand its production by 60% by 2013, CEO Richard Whiting said […]
State-owned power utility Eskom urges regulation of coal exports to ensure domestic power suppliies, but government backs off declaring coal a strategic resource.
Forecasters warn Cyclone Yasi, similar in size and strength to Hurricane Katrina, may sweep deep inland, generating winds of up to 280 kph. Coal mines and rail lines closed. Evacuations under way in three cities.
Mining Weekly reports that BHP Billiton Energy Coal South Africa (Becsa) will divest some of its currently undeveloped coal prospecting rights to focus on its existing operations throughout South Africa.
The March issue of International Mining will include a detailed report onthe mining industry of India and its future plans. It is gearing up for the XII Five Year Plan.
Shares in coal miner Massey Energy jumped 11% and other coal mining stocks rose on the first trading day after Alpha Natural Resources agreed to pay $7bn for the beleaguered stock.
The bull market for commodities that made 2010 a banner year for mining and mining exploration is likely to continue throughout 2011, according to three panelists who addressed the question at a recent forum in Vancouver, Canada.
Colombia's president called for a safety review of the country's mines on Thursday, following Wednesday's explosion that killed 21 miners at an underground coal pit.
At least 30 miners were trapped by an explosion in a coal mine in northeastern Colombia, the mayor of the town of Sardinata said Wednesday, Jan. 25, according to a report from Fox Chicago News.
NYSE-listed Arch Coal has signed a five-year agreement with Canada's Ridley Terminals, which will allow Arch to export coal through the bulk-commodity marine terminal near Prince Rupert, in British Columbia. Mining Weekly reports:
Miller Argent (South Wales) Limited, a company responsible for reclaiming land in Wales that incorporates opencast coal mining, has recently installed a Siemens safety solution on its new coal cleaning plant. Read more