January 18, 2012

SouthGobi Resources sells more than four million tonnes of coal in 2011, 58% more than 2010

SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) announces the successful completion of 2011 on guidance in terms of coal sales and production.

January 18, 2012

China’s homegrown coal to lose favor

China's domestically made coal may lose its competitive advantage to imported coal by 2015, prompting Chinese companies to step up purchases of foreign coal, according to a report by Wood…

January 18, 2012

Company plans to mine a billion tonnes of coal off Wales- without miners

The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal…

January 18, 2012

Contract changes could put Indonesian mining industry on the rocks

Stability in international business is based on many factors but one of the strongest is the sanctity of contracts.

January 17, 2012

Race for Australian mine assets heats up

In what is likely to be upbeat year for Australian mining M&A, some large Asian and U.S. companies are ready to bet on the country's coal, iron ore and uranium…

January 17, 2012

India’s quest for coal just beginning

While it is the private firms that made most of the acquisitions in the international coal market last year, there is no shortage of money in the war chests of…

January 17, 2012

Xstrata sells 2 S.Africa collieries to Imbawula

The company has sold its Spitzkop and Tselentis coal collieries in South Africa to the Imbawula group for an undisclosed amount, adding that there would be no job losses as…

January 17, 2012

Forbes Coal Reports Revenue of $31.2 Million in Fiscal Third Quarter 2012, an Increase of 245% Year-Over-Year

Forbes & Manhattan Coal Corp. (TSX:FMC.TO - News)(JSE:FMC.TO -News) ("Forbes Coal" or the "Company") is pleased to announce its fiscal third quarter 2012 financial results for the three months ended…

January 17, 2012

Xstrata Coal completes sale of Mpumalang

Xstrata Coal South Africa (XCSA) is pleased to announce that it has completed the sale of its Spitzkop and Tselentis collieries and supporting coal assets, located in Mpumalanga, South Africa,…

January 17, 2012

Commodities face twin macro risks in Europe, China, Morgan Stanley says

Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.