October 15, 2011

Perry vows to unleash US potential to be ‘Saudi Arabia of coal’

Fading Republican 2012 candidate Rick Perry pledged Friday to unleash a new economic boom by throwing open land and seas to oil drilling and tapping America's status as the “Saudi…

October 15, 2011

Eastern Inner Mongolia coal output to surge in next 5 yrs

Coal production in the eastern part of Inner Mongolia is estimated to increase substantially in the 12th Five-Year Plan Period, according to the relevant government authority.

October 15, 2011

Coal mining’s human cost examined

The human cost of coal mining and the price paid by miners in sickness, injury and disability is being studied in a new £1m research project. Findings from the five-year…

October 14, 2011

Walter Energy jumps on hopes BHP’s US buying spree will continue

In play Walter Energy (NYSE: WLT) jumped higher by more than 7% in pre-market trading to over $80/share after the UK's Independent newspaper reported that Anglo American (LON:AAL) and BHP…

October 14, 2011

Time to dump metals for miners?

MarketWatch's Myra P. Saefong tests the theory: Whenever there is general equity weakness and risk aversion miners underperform, but when when markets turn around, miners usually make huge strides far…

October 14, 2011

NYT: Coal industry ‘fingerprints all over’ EPA bill

The New York Times reports as legislation to limit America's Environmental Protection Agency's power to regulate coal ash hits the US Congress this week, environmental advocates see industry footprints all…

October 13, 2011

seen as remedy for Alberta oilsands traffic snarls

Evening traffic on Highway 63 in Fort McMurray, a feeder to Alberta’s oilsands megaprojects. Photograph by: Chris Schwarz, Edmonton Journal EDMONTON - One day, an LRT train could be whisking…

October 13, 2011

Rio rocks: iron ore output now tops half a million tonnes a day

Rio Tinto, the world’s second- largest mining company, said third-quarter iron ore output and coking coal production reached record highs after recovering from disruptions caused by flooding in Australia earlier…

October 13, 2011

Peabody’s $4.7 billion takeover of Macarthur clears final regulatory hurdle

St. Louis Business Journal reports Peabody Energy on Thursday received clearance from the Ministry of Commerce of the People’s Republic of China to proceed with its and ArcelorMittal’s $4.7 billion…

October 13, 2011

Legislators fight for mining rights near the Grand Canyon

Republican senators and members of congress introduced a bill to counter an effort by the Department of the Interior to remove mining rights from a region in northern Arizona, which…