November 27, 2011

Draft mining bill provides for royalty sharing in India

The Indian government set up a group of ministers to look into the proposed new draft Mines and Minerals (Development and Regulation) Bill, 2011. The cabinet considered the recommendation of…

November 27, 2011

Diversified no more: internet firm and one-time Warren Buffet darling Level 3 sells coal mine

US-based Level 3 Communications, a global optic fibre network operator, this week announced that it has completed the sale of its entire coal mining business for an undisclosed amount to…

November 27, 2011

New study says acid drainage from coal mines ‘devastating’ South Africa’s rivers

BusinessLive reports that while acid mine drainage from disused gold mines in the Johannesburg area of South Africa is well documented, according to a new study AMD from nearly 6,000…

November 27, 2011

Rio Tinto, Chinalco finalize exploration joint venture

A joint venture between uber-miner Rio Tinto and Chinese partner Chinalco was finalized on Friday. The JV, called CRTX, has been officially registered and cleared to do business in China.…

November 27, 2011

China realizes world’s biggest carbon cut – equal to 630 million tonnes of coal

China reduced its greenhouse gas emissions by 1.5 billion tonnes between 2006 and 2010, the biggest decrease of any country in the period, according to a new report. The country's…

November 26, 2011

Philippines coal plant breaks ground

The Alcantara Group’s Sarangani Energy Corp. on Friday broke ground on its 200-megawatt coal-fired plant project, which is estimated to cost $400 million to build and reduce electricity rates by…

November 25, 2011

SAIL cuts India’s steel demand outlook by 6 pct

India’s steel demand is likely to grow by 6 per cent in the current fiscal year, nearly half the earlier forecast, as higher interest rates squeeze demand from the automobile…

November 25, 2011

POSCO Power to build 600MW coal-fired power plant in Indonesia

POSCO Power revealed on November 23 that it was selected as a preferred bidder for the development of a coal-fired power plant ordered by the Indonesian state-run power company PT.…

November 24, 2011

Google retires initiative to make renewable energy cheaper than coal

Energy Efficiency News reports internet giant Google has quietly announced that it is to retire its ‘Renewable Energy Cheaper than Coal’ or RE<C initiative, which it launched in 2007 saying…

November 24, 2011

Coal of Africa jumps 8% after coming to green understanding

London-listed Coal of Africa and various environmental groups buried the hatchet on Thursday to work together to preserve Mapungubwe in northern South Africa near the company's controversial Vele opencast project.…