December 29, 2011

Northern Energy and Mining to spend $52.6 million on debt buybacks

Canadian NEMI Northern Energy and Mining will spend a total of about $52.6 million to buy back most of its outstanding shares and debt securities from investors.

December 29, 2011

Westmoreland announces plan to acquire Kemmerer Mine

Westmoreland Coal Company (NasdaqGM:WLB) announced Tuesday that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus approximately…

December 27, 2011

Pakistan coal reserves to provide electricity more than 30 years: Dr Samar

Member of the Science and Technology Planning Commission, Dr Samar Mubarakmand on Monday said that Pakistan has enough coal reserves that can provide electricity to the country for more than…

December 27, 2011

Shenhua planning Asia’s largest thermal power project in S. China’s Guangxi

NANNING, Dec. 27 (Xinhua) -- China Shenhua Group Co. Ltd., the country's largest coal producer, has signed an agreement to build Asia's largest thermal power project in southern Guangxi Zhuang…

December 27, 2011

Greenhouse gases released from coal or hydraulic fracturing: researchers tussle over which is greater

A Pennsylvania research group has challenged the findings from Cornell University, which found that the carbon footprint of natural gas derived from shale is greater than the production of coal.

December 26, 2011

Older, dirtier coal plants about to take their last bow

In a ruling that will be felt most heavily by older coal-burning power plants, the United States Environmetal Protection Agency announced new regulations last week to limit emissions of toxic…

December 26, 2011

Australia told to make use of brown coal reserves

It is reported that a mining company has told a parliamentary committee Victoria needs to make more productive use of its coal reserves. Exergen is lobbying the State Government for…

December 26, 2011

Coal mine incident kills another labor in Baghlan province

According to reports, another Afghan coal mine labor was killed at northern Nahrin district of Baghlan province during the rescue efforts on Saturday evening. The latest casualty tolls up the…

December 26, 2011

Thermal coal miner Ambre plans Australian public offer

It is reported that thermal coal miner and exporter Ambre Energy is running a beauty parade of advisors for an initial public offering on the Australian Securities Exchange slated for…

December 25, 2011

Coal India will switch to new pricing mechanism from Jan

The Coal India Ltd headquarters at Kolkata. (file photo) – A. Roy Chowdhury Co says gross calorific value-based system to be ‘revenue neutral' Coal India Ltd is believed to be…