February 21, 2012

China Steel to invest in Australian coal project

Taiwanese steelmaker, China Steel, will pay $104 million to invest in a coal mine in Australia and take rights to 10% of the future output, in a move to counter…

February 21, 2012

Coal Black Santorum and His Wealth

Here is one way to make money from mining that I have not hitherto thought of: do what Rick Santorum did.  It is described in a report at this link…

February 20, 2012

Australian coal booming despite impending carbon tax

The impending carbon price has done nothing to deter investment in the coal industry, with spending on exploration surging faster than any other mineral commodity.

February 19, 2012

Koalas at centre of Queensland coal battle

Graham "Skroo" Turner, whose $365 million fortune makes him one of Australia's richest people, is setting up a koala sanctuary in Queensland in a bid to stop a coal mine.

February 19, 2012

Coal trumps oilsands as climate change culprit

Emissions from Canada's oilsands are unlikely to make a large contribution to global warming compared to the burning of coal, says a leading climate change researcher.

February 19, 2012

Greens escalate fight against proposed coal loader

The Greens step up a campaign against a fourth coal loader in the Port of Newcastle.

February 19, 2012

Permits approved for new Usibelli Alaska coal mine

State permits have been approved for Usibelli Coal Mine's planned development of a new pit mine northeast of Healy.

February 19, 2012

Coal conversion project: KESC strikes $200m accord with HK-based company

Karachi Electric Supply Company (KESC) has inked a joint development agreement with the Hong Kong based company, Bright Eagle Enterprises (BEE), for coal conversion project at a cost of $200…

February 19, 2012

104-car coal train derails in western Colorado

Union Pacific spokesman Mark Davis tells the Grand Junction Daily Sentinel the train was headed from the West Elk Mine in Arco to Kentucky when one of its cars went…

February 17, 2012

Anglo American reports solid 2011 profits thanks to coal and diamonds

London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to…