August 24, 2011 Adaro buys 75 percent stake in coal company Adaro Energy, Indonesia’s second-biggest coal miner, said late on Tuesday that its subsidiary, Alam Tri Abadi, had signed an agreement to a buy a majority stake in Mustika Indah Permai.…
August 24, 2011 Australian takeover target Macarthur Coal almost doubles annual profit to $253 million Macarthur Coal Ltd. has nearly doubled its full year profit and repeated its advice to shareholders to reject a takeover offer from U.S energy giant Peabody Energy Corp. and Luxembourg-based…
August 23, 2011 GobiMin to realize US$6.3-million gain from sale of its stake in Balikun coal project GobiMin Inc. (TSXV:GMN) has agreed to dispose of its 24.5 per cent indirect interest in the Balikun coal project and expects to realize US$6.33 million gain as a result of…
August 23, 2011 26 trapped in China coal mine Twenty-six miners remained trapped Tuesday in a flooded coal mine in northeast China, Xinhua reported. The illegal coal mine in Boli county of Heilongjiang province belonged to the Hengtai Coal…
August 23, 2011 Chinese stainless steel capacity to reach 20 million tonnes by 2015 Data from research firm Beiging Antaike Information Development Co showed that there are two stainless steel projects will soon bring another 5 million tonnes of crude stainless steel over the…
August 23, 2011 Global crude steel output in July 2011 up by 11pct YoY World crude steel production for the 64 countries reporting to the World Steel Association was 127 million tonnes in July 2011. This is 11.5% YoY higher than July 2010.
August 23, 2011 Parkinson: coal is the new black A schooner of beer that costs $60? A loaf of bread for $20. A shirt that costs $350? There have been some wild claims on both sides of the climate…
August 23, 2011 BHP rules with iron fist Mining giant BHP Billiton has defended as "effective" its strict office etiquette policy, which bans workers from eating pungent food, throwing jackets on their chairs or leaving Post-it notes on…
August 23, 2011 US coal exports up 35% through mid-year; likely to top 100 Mt in 2011 US coal exports increased 35% to 53.6 million short tons through June 2011, according to a recent edition of NMA’s (National Mining Association) International Coal Review. Strong demand from Asia…
August 22, 2011 Sensidyne releases new coal mine safety instrument Sensidyne, LP, a leading manufacturer and supplier of industrial health and safety equipment, releases the CDEM-1000 for sale. The Sensidyne CDEM-1000 Coal Dust Explosibility Meter is a portable, handheld, easy-to-use…
CHART: Friday massacre for mining stocks but copper price pulls out of nosedive Historic down day for gold and silver prices caused double digit losses for precious metals stocks but copper miners came off relatively lightly. January 30, 2026 | 06:21 pm
