March 26, 2012

Aquila and Vale take a break on coal sales dispute

A legal clash between Brazilian mining giant Vale (NYX:VALE) and Australia's Aquila Resources (ASX: AQA) has taken a step towards resolution this morning after the companies announced they’ve reached an…

March 25, 2012

Suzuki: Dirty fuel should be consigned to the coal bin of history

More than anything else, coal fuelled the Industrial Revolution. It was, and still is, plentiful and cheap. It's also always been relatively easy to get at, especially if you don't…

March 25, 2012

Coal import duty cut to help bottom lines of cement firms

Companies have already increased prices by around Rs 5-10 per bag A reduction in the cost of coal imports due to reduced import duties from the financial year 2012-2013 is…

March 25, 2012

A list of the top movies about mining

Mining has all the elements that make for a good movie: long odds, adventure, conflict, danger, amazing natural scenery, and heroes and villains.

March 25, 2012

FGB Signs $350 million financing deal with Indonesian Coking Coal producers

First Gulf Bank (FGB)'s international business division has recently signed an agreement worth $350 million with PT Asmin Koalindo Tuhup (AKT), one of Indonesia's largest producers of Coking Coal. This…

March 25, 2012

Japan’s Hokkaido shuts coal-fired unit due to problem

The company also said its fuel oil-fired 350-MW No.2 unit at its Date plant would halt power generation from March 24 to 30 due to repair work on the unit's…

March 23, 2012

China Development Bank has $1 trillion to lend: Its investment arm is ‘very actively seeking’ nickel assets

Chinese firms have been snapping up copper, uranium, iron ore and coking coal assets around the world, but have yet to make a big splash in nickel.

March 23, 2012

5 dead, 17 trapped after coal mine blast

A gas explosion ripped through a coal mine in Northeast China's Liaoning province Thursday, killing at least five people and trapping 17 others, the national work safety watchdog said.

March 22, 2012

‘We pumped an ocean into the mountains’

Coal Rush, a documentary running next week at the Atlanta Film Festival, tells the story of a 7-year crusade by US attorney Kevin Thompson, along with other attorneys, advocates and…

March 22, 2012

Glencore-Xstrata merger won’t happen this year

EU regulators are stepping up scrutiny of the mooted $90 billion merger of the commodities trader and coal giant and the whole vetting process could take until early 2013. That…