July 12, 2011

Puda Coal says auditor resigns, fiscal 2009 and 2010 ‘cannot be relied on’

Reuters reports China's Puda Coal said its auditor Moore Stephens has resigned, effective immediately, and the auditor warned that audit reports for fiscal years 2009 and 2010 should no longer…

July 12, 2011

Motley Fool: the EPA won’t kill the coal industry

Depending on whom you ask, the past week has either been a major hit to America's domestic and labor markets, or a huge step forward in environmental protection. And it's…

July 12, 2011

Australia market rattled by carbon tax, debt woes

Stocks sank to their lowest point this month after a sharp selloff on renewed concerns over the carbon tax and international debt woes. The S&P/ASX 200 Index closed down 86.9…

July 12, 2011

Miner suffers fatal injuries at Kentucky coal mine

July 12 (Reuters) - Alpha Natural Resources Inc: * Miner suffers fatal injuries at Kentucky coal mine * Says preliminary review indicates that Mr. Thatcher was fatally injured * Ryan…

July 12, 2011

Peel and UK Coal could build 11 waste-to-energy plants

Plans to develop waste-to-energy facilities on 11 UK Coal sites in the North of England and the Midlands took a major step forward Monday after the coal giant’s shareholders approved…

July 12, 2011

Coal ministry asked to review cancellation of NTPC blocks

The power ministry has again approached coal ministry asking it to review its decision to cancel allotment of five coal blocks to NTPC, as the decision would hit the state-run…

July 12, 2011

Vale idea to keep Isaac mine operating

Brazilian mining giant Vale has moved to resolve an impasse with joint venture partner Aquila Resources to keep their Isaac Plains export coal mine in Queensland operating.

July 12, 2011

Australia carbon tax hits shares of miners, airlines

Coal miners, steel firms and airlines were sold off on Monday a day after Australia's unpopular government introduced a carbon tax scheme, while power suppliers warned the tax could risk…

July 12, 2011

Coal will boom but at a cost – miners

Queensland's coal industry will grow under carbon pricing but it will come at a cost, its industry body says. Queensland Resources Council members voiced their concerns to Premier Anna Bligh…

July 12, 2011

No decision yet on gold, coal strikes, says NUM