December 30, 2011

Possible nationalization and underworld ties: things go from bad to worse at Japan’s top power company

The Atlantic is reporting that Tokyo Electric Power Company (TEPCO), Japan's chief supplier of electricity and the company that runs the Fukushima Daichii nuclear plant, will be nationalized due to…

December 30, 2011

Africa Resources to invest USD 3.5 million in Tanzania

East Africa Resources Limited has executed an Agreement with Korea Resources Corporation for KORES to invest in EAF's Mkuju South uranium project in Tanzania.

December 30, 2011

China’s future deconstructed: Holmes vs. Chang

China has become the $5.88 trillion question in the world financial equation for 2012.

December 30, 2011

Can coal ever come clean? Movement tripped up by lack of hard science and environmental opposition

What happened to the clean coal movement? Benjamin Gotlieb, blogging for the web news portal of the Los Angeles-based Annenberg School for Journalism and Communication, addresses the question of whether…

December 30, 2011

UK coal industry plans for cheaper, reliable and sustainable power

Britain’s coal producers have tabled a five-point plan that they say “will give the nation’s electricity users cheaper, reliable and sustainable power supplies whilst safeguarding jobs, stimulating investment and reducing…

December 30, 2011

Coal ship queue hits 60 at Newcastle Port in Australia

ABC reported that Newcastle's ship queue has hit 60 for the first time in several years, as global demand for coal continues to rise.

December 30, 2011

Keystone XL oil sands myths and half-truths

What do you really know about the proposed Keystone XL oil pipeline? The one that would bring a certain type of oil, called oil sands or tar sands, from Canada…

December 30, 2011

Alberta grants ATCO construction permit for 240-kV line to oil sands mines

Alberta regulators approved a 240-kV transmission project in eastern Alberta over the objections of some oil sands developers.

December 29, 2011

In 3-5 years “biofilms” will completely decontaminate oil sands tailing ponds

Researchers at two Alberta universities believe they have found the solution to a major oil sands problem: the environmental risk posed by tailings ponds.

December 29, 2011

Joy Global Inc. announces acquisition of controlling interest in China-based International Mining Machinery Holdings Limited

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE:JOY) ("Joy Global") a worldwide leader in high productivity mining solutions today announced that it completed the acquisition of approximately 41.1% of the outstanding common…