April 3, 2012

Firestone Energy rejects offer for Waterberg coal mine stake

Firestone Energy Limited (ASX/JSE:FSE) rejected today an offer from Tata Power to invest in a joint venture with Sekoko Resources to develop a coal mine in the Waterberg area of…

April 3, 2012

C$25 billion to improve Canada’s Asian trading opportunities

Christy Clark, the Premier of Canada’s British Columbia unveiled details of a C$25 billion public and private sector plan to expand trade with Asia, by improving the province's transportation system.

April 3, 2012

Miners have fun on April Fools

There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.

April 3, 2012

King coal faces a usurper and an accomplice

While the U.S. gets most of its electricity from coal, the EPA has enacted restrictions that are starting to sunset industry.

April 2, 2012

Prophecy up 4.8% after Southgobi deal puts Mongolian coal back in focus

Prophecy has more than 1.4 billion tonnes of surface minable coal resources at its flagship Chandgana project and is already producing at Ulaan Ovoo in Mongolia.

April 2, 2012

Coal prices may be headed higher after BHP Billiton declares force majeure

BHP Billiton declared force majeure at its Bowen Basin coal mines in Queensland, Australia.

April 2, 2012

CHALCO pays $925M for 60% of SouthGobi Resources

In a three-way deal with Robert Friedland's Ivanhoe Mines, the Aluminum Corporation of China (CHALCO) is bidding for 60% of SouthGobi Resources' and paying $8.48 for each common share.

April 2, 2012

Mine closed as more workers exposed to hazardous coal gas

Following the exposure of 25 miners to hazardous gases, Thiess has shut down dangerous sections of the Collinsville coal mine.

April 1, 2012

Film about child miners in Ukraine banned at home

Kyiv Post reports an award-winning film scheduled to appear last month at an international documentary festival has been banned.

April 1, 2012

Coal blockade stops Newcastle harbour

Hundreds of people took to Australia's Port of Newcastle in kayaks and canoes on Sunday when protest group Rising Tide held its seventh annual blockade of the harbour.