April 24, 2012

Coal seen rebounding as China sets steel output record

Coking coal prices are set to rebound as early as July from four straight quarterly declines as China and India seek raw material overseas to fire new steel production in…

April 24, 2012

Mongolia could go it alone on giant coal mine-exec

Mongolia might choose to go it alone on the development of the western block of its giant Tavan Tolgoi coal mine after struggling for years to find the right investors,…

April 24, 2012

Vote of no confidence: Rio pulls out of $9 billion coal port expansion

"Global economic markets have shifted to a period of significant uncertainty and we continue to see both a sustained upward pressure on costs and long timeframes for regulatory approvals."

April 24, 2012

Company taking another run at Kentucky coal mine

Associated Press reports that Western Kentucky Minerals is making a second attempt at getting a 700-acre surface mining operation near Owensboro approved.

April 24, 2012

Record revenues for Teck despite lower metals prices

Teck Resources fought against lower metals prices to post record revenues for the first quarter.

April 23, 2012

Patriot Coal shutters another mine

Patriot Coal has closed another mine, bringing to four the number of its coal operations shut this year due to continuing weakness in market demand. The St. Louis-based company is…

April 23, 2012

South Korean group exits $324 million deal with Cockatoo Coal

A South Korean conglomerate has cited global economic uncertain as a key reason for pulling out of a US$324 million deal with Australia-based Cockatoo Coal.

April 23, 2012

Cape Breton coal project gaining traction

A past-producing colliery in one of North America's oldest coal mining belts is on its way to resuming production, says a story today in Halifax Media Co-op.

April 23, 2012

Coal mine accident kills 9 in north China

Nine miners were killed and 16 others injured in a coal mine accident in north China's Inner Mongolia autonomous region as the rescue wrapped up late Monday, officials said.

April 22, 2012

Feds pressured by coal industry to weaken regulations, records reveal

OTTAWA – Environment Canada weakened a draft version of regulations to crack down on pollution from coal-fired power plants following pressure from […]