July 15, 2011

Duke Energy anticipates Ohio coal plant retirement

Duke Energy Ohioanticipates it will retire all six coal-fired generation units at its W.C. Beckjord Station, southwest of Cincinnati, by Jan. 1, 2015, as a result of a proposed U.S.…

July 15, 2011

Xinergy announces Coal Supply Agreement with J.P. Morgan (CNW)

Xinergy Ltd., (TSX: XRG and XRG.WT) ("Xinergy" or the "Company"), a US Central Appalachian producer of high quality coal, today announced that its wholly owned subsidiary, Xinergy Corp. has signed…

July 15, 2011

Metinvest increases in-house production of coking coal

Metinvest (“the Group”), a vertically integrated metals and mining group of companies, today announced plans to increase its in-house production of coking coal, following the commissioning of Affinity Mine, owned…

July 15, 2011

High fire risk at Witbank mining operations

A coal mining company has undertaken not to conduct any physical mining or prospecting operations in Witbank which may result in underground fires.

July 15, 2011

Peabody energy and ArcelorMittal to proceed with due diligence for Macarthur Coal

Peabody Energy and ArcelorMittal note the announcement by Macarthur Coal Ltd which states that the parties have agreed to a process for due diligence.

July 15, 2011

Continental Coal director buys on-market

Continental Coal Ltd director Jason Brewer indirectly bought 250,000 shares on-market on July 15, 2011.He holds and has interests in 1,200,000 shares and 50,000,000 options.

July 15, 2011

Is Australia’s proposed carbon tax strong enough to do any good?

In August 2010, when Julia Gillard was campaigning in the national election, she made a promise: "There will be no carbon tax under the government I lead," she said to…

July 15, 2011

Legal bid to stop Vic coal power station

Environment groups trying to stop the construction of a new coal-fired power station in Victoria say it would add millions of tonnes to Australia's annual greenhouse gas pollution.

July 15, 2011

Fitch sees global steel demand and output growth slowing down in H2

Fitch Ratings said in a statement that global growth in steel demand and production is expected to slow during H2 2011 as developing nations fight inflation and developed countries tackle…

July 15, 2011

Commodity falls and fears for stress tests see FTSE decline

Falls among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the…