July 22, 2011

Electricity demand still growing in China

The demand for electricity continues to grow in China as surging economic growth creates a rising middle-class. With the largest population in the world, naturally the growing number of middle-class…

July 22, 2011

BHP’s Escondida workers strike as coal miners prepare for action

Workers at BHP Billiton Ltd. (BHP)’s Escondida copper mine, the world’s biggest, began striking as coal miners at the company’s Australian operations prepared to escalate industrial action. The strike by…

July 21, 2011

Feasibility study launched for 200,000 tpa coking coal facility in Colombia

A project by Colombia Clean Power & Fuels Inc. to build a 200,000 tpa coking coal facility in Colombia has been given the green light by a Chinese consultancy firm.…

July 21, 2011

Bloomberg sacrifices 0.2% of his fortune to fight big coal

New York Mayor Michael Bloomberg who has a personal fortune of some $18 billion joined with the environmental lobby group Sierra Club on Thursday in a $50 million, four-year plan…

July 21, 2011

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will…

July 21, 2011

SunCoke Energy prices IPO at $16/share, trades at $17 on opening day

SunCoke Energy, Inc. announced Thursday the pricing of the initial public offering of 11,600,000 shares of its common stock at a price of $16 per share. The shares began trading…

July 21, 2011

Cliffs climbs to $103 despite production snafus

Cliffs Natural Resources’ plans to restart coal mining operations at its Pinnacle coal mine in West Virginia after a major setback with regulatory agencies turning down its remediation plan to…

July 21, 2011

Wesfarmers mines recovering

Wesfarners has reported lower quarterly production at two of its three coal mines, but output at its Curragh operation in Queensland's Bowen Basin recovered strongly from flooding early this year.

July 21, 2011

Pre-Qualified Firms to Tender for Coal Power Projects

Eleven firms have been pre-qualified for a concession to manage the Mui Basin coal deposits in Kitui and construct coal-fired power plants as the government steps up efforts to reduce…

July 21, 2011

BRIEF-Grande Cache Coal gives operations update

July 21 (Reuters) - Grande Cache Coal Corp: * Receives regulatory approval for New No. 12 South B2 underground operation and provides operational update * Says sold 0.39 million tonnes…