October 12, 2011

Righteousness won’t solve global warming

Loading up the global warming argument with righteousness is harming the cause, says a blogger at the Philospher’s Beard. “The moralisation approach […]

October 12, 2011

India asks Czech Republic for tech help in coal mining

"The Indian side impressed upon Czech Republic regarding the scope for establishing manufacturing facilities in India for underground mining machinery," an official statement said. Coal Minister Sriprakash Jaiswal-led the Indian…

October 11, 2011

Indonesian Coal Miner Plans $167m IPO to Finance Coal Boom

Indonesian Atlas Resources is readying a $167 million initial public offering to help finance building supporting infrastructure in its Sumatra coal mining hubs in Muba and Oku. Indonesian Atlas Resources…

October 11, 2011

Anglo American completes acquisition of PRC

Anglo American has acquired 100% ownership of Peace River Coal (PRC), through the acquisition of the remaining 25.17% interest in PRC for a total value of $166m. PRC located in…

October 11, 2011

Why Australia can’t get out from under coal

The Australia Coal Association makes a pitch for coal with a recent video on YouTube showing how important the industry is to Australia and the country's ecocomy. Coal has been…

October 11, 2011

Glencore wants coal, shares in Bakrie talks

SINGAPORE, Oct 11 — Glencore International Plc is pressing the Bakrie group for more rights to sell coal and an option to buy shares in its London-listed unit in exchange…

October 11, 2011

Sandvik completes acquisition of SHANBAO, Chinese supplier of crushing and screening equipment

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October 11, 2011

India: Steel Minister sets up committee to look into coking coal buying

Noticing irregularities in coking coal purchases, the Steel Ministry has set up a committee to look into the rationale behind PSUs buying more of the commodity when it is expensive,…

October 11, 2011

Is commodities pullback a good entry point Jim Rogers still sees supercycle

In the past month, the popular SPDR Gold Trust (GLD) has seen its net asset value drop nearly 14%. Along those same lines, the iShares Silver Trust (SLV) has fallen…

October 11, 2011

Coal outlook promising for investors

Shares of these companies can be had at bargain prices relative to historical levels Earlier, I talked about the 25-year outlook for liquid fuels based on the Energy Information Administration's…