March 26, 2012

World’s largest coal company muscling in on world’s largest metallurgical deposit

"Shenhua is the most competitive bidder for the project given its technology, transport infrastructure, access to the Chinese market and the backing of the Chinese government," Shenhua CEO Ling Wen…

March 26, 2012

Goldsource Mines rockets 28% on new Saskatchewan coal resource

Goldsource Mines shot up 28% today on news that it has increased indicated coal resources at its Border Coal Project by 48%.

March 26, 2012

MSHA inspectors issue 101 citations at six Kentucky coal mines

The U.S. Department of Labor’s Mine Safety and Health Administration announced last week that federal inspectors issued 253 citations and orders during special impact inspections conducted at 15 coal mines,…

March 26, 2012

Coal India’s 180 mining projects awaiting nod

As many as 180 proposals of Coal India (CIL) are awaiting forestry clearance from the Centre and state governments, Parliament was informed today.

March 26, 2012

Activist to sue mining billionaire Clive Palmer over CIA claims

An anti-coal seam gas activist says he intends to sue mining billionaire Clive Palmer for accusing him of treason.

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…