August 31, 2011

Australia’s Whitehaven shares fall after stake selldowns

Private equity groups First Reserve Corp and AMCI International have sold A$390 million ($416 million) worth of shares in Australian miner Whitehaven Coal , which failed to find a buyer…

August 31, 2011

$5B deal for Australian coal company long awaited

The deal for Peabody Energy, the world's biggest private-sector coal company, and a partner to buy Australia's Macarthur Coal for more than $5 billion concludes more than a year of…

August 31, 2011

Universal Coal acquires 50 pct stake in South African coking coal asset

Universal Coal (ASX: UNV) has secured the Donkin licence area, adjacent to the Somerville coking coal project in the Limpopo Province of South Africa, on a farm-in basis. Based on…

August 30, 2011

Anglo American could lose out to Mittal on Macarthur Coal

Anglo American is poised to lose out in the A$4.9bn (3.2bn) takeover tussle for Macarthur Coal after the Australian company recommended a sweetened offer from a consortium of US-based Peabody…

August 30, 2011

Coal now accounts for 40% of global power generation

According to a new MarketResearch.com report coal accounts for over 40% of total global electrical generation – more than 1,700TWh in 2010 – and the installed generating capacity in 2010…

August 30, 2011

China pulls 19 from flooded mine in rare rescue

Rescue workers on Tuesday saved 19 miners from a flooded Chinese mine where they had been trapped for a week, state media said, in a rare good-news story for an…

August 30, 2011

China wants to keep rare mineral export restrictions

China said on Wednesday that it would appeal against a World Trade Organisation ruling that it illegally restricted exports of certain rare and speciality metals and minerals including bauxite, coking…

August 30, 2011

Wesfarmers selects ThoroughTec to support Curragh rampup

As one of Australia’s largest independent coal producers, Westfarmers Curragh has made further investments into site safety, training and operational efficiency in the way it inducts, trains and up-skills new…

August 30, 2011

Cooper provides update on the thermal coal project in Pakistan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Cooper Minerals Inc. (TSX VENTURE:CQ)(FRANKFURT:JM6) (the "Company" or "Cooper") would like to provide its shareholders with an update on its thermal coal project…

August 30, 2011

Coal India awaits environment clearance for 13 projects

New Delhi, Aug 30 (IANS) Thirteen coal mining projects of Coal India Ltd are pending with the environment and forests ministry for approval, Environment and Forests Minister Jayanthi Natarajan told…