Coal Top Stories

JPMorgan stops lending to coal companies

The announcement was made Tuesday at the bank's annual investor…

Western Australia is world’s new top mining destination

No Canadian provinces made the top ten list this year.

Latest Stories

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.

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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.

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

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.