October 26, 2011

Peabody takes control at Mac Coal

US coal giant Peabody Energy wasted no time asserting control at Macarthur Coal yesterday installing its former Australian managing director Julian Thornton as chief executive. The rapid transition accompanied an…

October 26, 2011

British Columbia’s exploration expenditures increased twenty fold since 2001

In the last decade spending on exploration in British Columbia has increased 20 fold. It was another bright spot for British Columbia's mining sector, as covered in PricewaterhouseCoopers' industry survey.…

October 26, 2011

Queensland to protect farmland from mining

Legislation introduced in the Queensland state parliament could have a negative impact on mining. The bill, the first of its kind to be introduced in Australia, bans mines that would…

October 26, 2011

Mongolia needs coal deal in 3 mths to ensure IPO goes ahead – MP

A contentious investment agreement on Mongolia's huge Tavan Tolgoi coal deposit needs to be completed within three months to ensure that a much-heralded initial public offering for the project goes…

October 26, 2011

30 thermal power plants in India including NTPC and Reliance Power have coal stock for just four days

Coal stocks at India's thermal power plants are critically low on the eve of Diwali, and will not improve unless coal supplies are stepped up significantly.

October 25, 2011

SONARtrac® Flow Monitoring Technology Selected by Largest Coal Producer in Mexico

CiDRA Minerals Processing announced today that Altos Hornos de Mexico, S.A. de C.V. (AHMSA) has chosen CiDRA's SONARtrac® flow monitoring systems as their preferred technology for use in two coal…

October 25, 2011

NSL Consolidated Queensland coal project moves towards formal grant

Highlights Queensland Government advises of proposed granting of exploration permit for the first of NSL's four thermal coal tenements Native Title discussions continue across all four EPCA's. All environmental authorities…

October 25, 2011

Mining in British Columbia contributes $8.9 billion to the economy

According to a new report from PricewaterhouseCoopers LLP (PwC), direct mining expenditures in British Columbia mining crested $5.2 billion in 2010. An additional $3.7 billion was spent in secondary and…

October 25, 2011

Arcelor dumps dearer Macarthur on Peabody

Reuters reports ArcelorMittal has pulled out of its joint $5 billion bid with US giant Peabody Energy for Australian coking coal miner Macarthur, just days after the target's top shareholder…

October 25, 2011

Guildford Coal unveils 925.9 million tonne maiden coal Resource in Galilee Basin

Guildford Coal (ASX: GUF) has reinforced the significant scale potential of the Hughenden Project, delivering a maiden Inferred Resource of 925.8 million tonnes of thermal coal within nine seams in…