January 5, 2012

NMDC may pay $300 million for Mozambique, Russian coal mines

NMDC Ltd., India’s largest iron ore producer, plans to acquire two coking coal mines in Mozambique and Russia for about $300 million to feed its planned steel plants in India.

January 5, 2012

Cline New Elk Coal Mine Approvals

Cline Mining Corporation (TSX: CMK) ("Cline" or the "Company") is pleased to report that further to its news release of December 30, 2011, New Elk Coal Company ("New Elk"), a…

January 5, 2012

Collapse at coal mine in southwestern China kills 9

Nine workers have been killed and two others are injured after a collapse at a coal mine in southwestern China, local authorities said on Thursday.

January 5, 2012

Beacon starts coal exports from Mozambique

British company Beacon Hill Resources has announced that it has begun exporting coal from the central Mozambican port of Beira.

January 5, 2012

China builds first 200-million-ton coal base

Shenhua Shendong Coal Group Corporation produced 202 million tons of commercial coal in 2011, becoming the first 200-million-ton commercial coal production base in China.

January 4, 2012

Scientists worry about a greenhouse feedback loop as the permafrost warms up

Given that the earth's temperature is rising, sciencetists are investigating if gases trapped in the permafrost are going to be released and what effect it will this have on the…

January 1, 2012

Prophecy Coal Obtains Credit Facilities Totaling $7 Million To Advance Chandgana Project

Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) is pleased to announce that it has executed a term sheet for a secured debt facility of up to $5 million (the…

January 1, 2012

21 US coal miners killed on the job in 2011

The death toll from U.S. coal mine accidents fell to 21 during the past year, the second lowest annual count since the federal government began keeping records more than a…

January 1, 2012

Coal India may form subsidiary for buying coal assets in South Africa

State-run Coal India (CIL) is likely to set up a subsidiary for buying coal assets in South Africa, as part of efforts to boost its output.

January 1, 2012

Natural disasters, gold price among Top Mining Stories of 2011

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.