July 25, 2011

Foreign money invades Mongolia

A freeze on licenses to explore for minerals is no small matter in Mongolia, a country undergoing a huge resources boom, as miners such as Anglo-Australian giant Rio Tinto (RIO)…

July 24, 2011

SA braces for massive coal strike

About 150 000 South African coal workers seeking 14% wage increases plan to walk off the job from Sunday in a strike that could dent exports and hurt power supplies…

July 24, 2011

Xstrata buys cattle farm for coal mine

A large Queensland pastoral farm used for wagyu cattle breeding is set to become a coal mine after Australian Agricultural Company (AAC) agreed to sell a property to mining company…

July 24, 2011

External recruiters in BHP plans despite email scam

BHP Billiton will continue to source workers through external agencies despite a recent legal stoush over a rogue employment scam. The mining giant was forced to take legal action through…

July 24, 2011

New coal terminals for Mozambique

Construction work on a coal terminal at the northern Mozambican port of Nacala is to begin in July. Sources in Mozambique have revealed that Brazilian firm Vale, which will be…

July 24, 2011

Coal India not afraid of losing monopoly: Jha

Brushing off fears that commercial mining in coal sector may erode its monopoly and profitability, Coal India (CIL) today said it was geared up to face the challenge and would…

July 24, 2011

Meralco acquires 52 pct share of Subic coal plant

Manila Electric Co. (Meralco), the country’s largest distributor of electrical power, marked its reentry into the power-generation industry on Friday by acquiring a controlling interest in the $1.28-billion coal-fired thermal

July 24, 2011

Mongolia’s prized coal draws outsiders

Overlooking a deep black gash in the Gobi desert, Od Jambaljamts watched Caterpillar trucks rumble across the rim of the world’s biggest undeveloped coal deposit. He mused on Mongolia’s good…

July 24, 2011

Coal shortages likely to hurt power sector

Acute coal shortage could adversely impact the fast-growing power sector, which is expected to see a capacity addition of up to 1,00,000 MW during the 2012-17 period, according to industry…

July 24, 2011

Soon half of India’s power from private sector: Power Minister

Power Minister Sushil Kumar Shinde has promised reform and an enabling policy environment that will ensure half of India's electricity is generated and distributed by private players, complementing state-run utilities.