July 18, 2011

BIV: Walter Energy says CEO’s departure will not affect B.C. mines

BIV reports: One of the province’s largest coal producers says it remains focused on its businesses in B.C., despite the fact that its CEO tendered his resignation three months after…

July 18, 2011

Mining safety changes challenged at Pike Inquiry

Department of Labour officials are expected to be grilled on changes to mining regulations as the Royal Commission of Inquiry into the Pike River disaster continues today.

July 18, 2011

Birth defects linked to coal smoke, pesticides: China study

Pregnant women who are exposed to coal smoke and pesticides are up to four times more likely to have babies with serious birth defects than women not exposed to these…

July 18, 2011

Walter Energy leads rally in coal stocks

Shares of Walter Energy Inc. rose Monday after a Citi analyst began coverage of the coal company by assigning it a "Buy" rating, leading a rally among several coal stocks.

July 18, 2011

Commodities 2011 halftime report

Commodities don’t all perform in the same way. In any given year, a particular commodity will go gangbusters and outperform the group.

July 18, 2011

ESCO Corporation completes acquisition of Hydra Mining Tools International

ESCO Corporation announced today the completion of its strategic acquisition of Hydra Mining Tools International. Headquartered in the United Kingdom, Hydra is a preferred provider of underground mining cutting systems…

July 18, 2011

Sino Clean Energy to Control 60 pct Stake in Foshan Nan Hai CWSF Co., Ltd through Acquisition

Sino Clean Energy Inc. ("Sino Clean Energy" or the "Company") (Nasdaq: SCEI), a leading producer and distributor of coal-water slurry fuel ("CWSF") in China, today announced that it has entered…

July 18, 2011

Arch Coal (ACI): upgraded by Citigroup

Arch Coal (NYSE:ACI) upgraded to Buy from Hold at Citigroup. The stock closed Friday at $26.50 on volume of 6,058,200 shares, below the average daily volume of 7,814,229. In the…

July 18, 2011

Carbon tax threatens Vic economy: Baillieu (AAP)

The federal government's carbon tax will jeopardise the reliability of Victoria's power supply, drive energy prices higher and cost jobs, the state government says.Premier Ted Baillieu said the tax was…

July 18, 2011

Two miners still missing after accident at Russian mine

Seventy six miners managed to escape from a Russian coal mine in the Arctic after a collapse caused by a geological event, one was rescued a day later but, two…