July 28, 2011 Coal India seeking to acquire stake in Indonesia’s Golden Energy for around $1bn Coal India, which is keen to acquire coal mines abroad, has finished its initial negotiations with Indonesia's Golden Energy Mines and is awaiting the Indian government's nod for a $1…
July 28, 2011 Universal Coal secures 40 pct ownership of plus billion tonne Berenice Coking Coal Project Universal Coal (ASX: UNV) has moved to a direct 40% ownership of the Berenice Coking Coal Project and the Somerville project in South Africa, post the completion of the first…
July 28, 2011 Mining company abandons Otways coal plan A mining company has abandoned plans for brown coal exploration in south-west Victoria because of community opposition.
July 27, 2011 New Joy mid-seam simultaneous cut and bolt entry driver Joy Mining Machinery has released its new 12ED25 mid-seam simultaneous cut and bolt entry driver, with the first unit shipped to a mine in the western US. The mine will…
July 27, 2011 Mining company settles suit over tainted drinking water After a marathon mediation session that ended just before dawn Wednesday, mining company Massey Energy settled a 7-year-old lawsuit with hundreds of southern West Virginia residents who claim the company…
July 27, 2011 Increasing coal exports drive Patriot Coal’s metallurgical coal mine expansion As global coal demand continues to increase, Patriot Coal Corporation (NYSE:PCX) (St. Louis, Missouri) is continuing construction and preparations to increase production at the company's mines. At a conference call…
July 27, 2011 EBRD lends EU80 million to Serbia’s EPS for coal mines Bloomberg reported that the state-run power company in Serbia has received a loan from the European Bank for Reconstruction and Development to upgrade its coal mines. The market news is quoted…
July 27, 2011 Fear beginning to replace greed as mining boom gets long in the tooth Despite a flurry of mergers and acquisitions and a robust IPO market reports out on Wednesday suggest that fear is slowly replacing greed in the mining finance business. The Financial…
July 27, 2011 Alliance Resource Partners, L.P. reports record quarterly results; announces development of Gibson South Mine Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported record financial results for the quarter ended June 30, 2011 (the "2011 Quarter"). Record coal sales volumes combined with record average coal…
July 27, 2011 Patriot Coal surpasses estimates Coal producer Patriot Coal Corporation (NYSE: PCX - News) posted operating earnings of 13 cents per share for the second quarter, surpassing the Zacks Consensus Estimate of 10 cents.
Copper price: Strains deepen as global smelting activity hits decade low Copper prices are under renewed pressure after satellite data showed 1.2 million tonnes of January smelter capacity outside China went idle. February 12, 2026 | 11:01 am