July 3, 2011 MMTC drops proposal to buy overseas coal mines New Delhi : In a major consolidation exercise, state-owned trader MMTC Ltd has dropped plans of buying overseas coal mines, commercial farming in Africa and generating electricity locally. The company…
July 3, 2011 Ms Bligh seeks to build on exemptions for coal seam sector It is reported that Queensland is attempting to quarantine its boom coal-seam gas industry from the Gillard government's carbon tax after successfully gaining an exemption from the mineral resources rent…
July 3, 2011 China top power firms keep racking up loss on thermal power – CEC Reuters quoted the China Electricity Council said China top five major state-owned power generating groups continued to rack up losses on their thermal power business in May despite the government…
July 3, 2011 Australia climate change economist strikes out at coal claims It is reported that Ms Gillard government climate change adviser Mr Ross Garnaut has defended his attack on the coal sector aggressive opposition to a carbon tax, calling research by…
July 3, 2011 Continental Coal snares improved bank funding terms for Penumbra Mine development Continental Coal has received a further offer of financing that could potentially allow the development of the Penumbra Mine to be completed in a more capital efficient manner. The new…
July 3, 2011 Indian coke industry hopeful of riding steel boom IBNS cited Mr Ganesan Natarajan Encore Coke Ltd President as saying that the merchant coke sector in eastern India is hopeful of riding the boom of steel production in the…
July 3, 2011 BHP eyes second share buyback BHP Billiton could be set to announce another share buyback, after the successful completion of its $US10 billion ($9.3bn) capital management program. UBS analyst Glyn Lawcock said a renewed capital…
July 3, 2011 80 pct of power plants at risk of default over coal, env issues Warning that 80 per cent of the country's power plants face the risk of a default due to coal shortages and environmental issues, a body of power producers has petitioned…
July 3, 2011 Push to can coal puts 200,000 jobs at risk The Greens' push to shut down the coal industry could severely undermine the nation's economy and sacrifice 200,000 jobs, new economic modelling warns. As the party takes to Federal Parliament…
July 2, 2011 Two coal mine disasters kill 3, trap 40 in China Rescuers were racing against time on Saturday to reach 40 miners buried underground in two separate coal mine disasters which have already killed three people in south China. Work crew…
South32 confirms Mozambique plant wind-down after profit beat South32 last year took a $372 million impairment on the business. February 11, 2026 | 05:03 pm
