December 30, 2011

The Year of the Deal: Top 10 mining M&A in 2011

If 2010 was the year of rising commodity prices, 2011 was the year of The Deal.

December 30, 2011

Can coal ever come clean? Movement tripped up by lack of hard science and environmental opposition

What happened to the clean coal movement? Benjamin Gotlieb, blogging for the web news portal of the Los Angeles-based Annenberg School for Journalism and Communication, addresses the question of whether…

December 30, 2011

UK coal industry plans for cheaper, reliable and sustainable power

Britain’s coal producers have tabled a five-point plan that they say “will give the nation’s electricity users cheaper, reliable and sustainable power supplies whilst safeguarding jobs, stimulating investment and reducing…

December 30, 2011

Coal ship queue hits 60 at Newcastle Port in Australia

ABC reported that Newcastle's ship queue has hit 60 for the first time in several years, as global demand for coal continues to rise.

December 29, 2011

Joy Global Inc. announces acquisition of controlling interest in China-based International Mining Machinery Holdings Limited

MILWAUKEE--(BUSINESS WIRE)-- Joy Global Inc. (NYSE:JOY) ("Joy Global") a worldwide leader in high productivity mining solutions today announced that it completed the acquisition of approximately 41.1% of the outstanding common…

December 29, 2011

Coal opponents ‘out of touch’: miners

Those who oppose the reopening of a coal mine west of Brisbane are flying in the face of reality, the peak body for the mining industry says.

December 29, 2011

Russia coal mining ops to restart in key Siberia region

Russia's Emergencies Minister has granted permission for coal mining operations in the Kuznetsk Basin to restart after they were halted following a strong earthquake in southeastern Russia, a Ministry spokeswoman…

December 29, 2011

Wyoming take from coal lease sales tops $2 billion

Federal coal lease sales in Wyoming have netted the state a landmark total of $2 billion in the past two decades, according to the state's mining association.

December 29, 2011

Coal or koalas? Australia’s new dilemma

When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them…

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.