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Bloomberg reported that PT Bumi Resources, Asia’s most-indebted coal miner, obtained a five-month extension of a debt moratorium, allowing it to fend off creditors after it defaulted on two of its dollar bonds last...

Posted By : Sanju Moirangthem 6 minutes ago
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Reuters reported that Chinese coal firms are increasing prices for the first time this year as the summer consumption peak approaches, but ample stocks and rising hydropower supplies mean gains will be limited.

Posted By : Sanju Moirangthem 25 minutes ago
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French insurer AXA said it was cutting its exposure to the coal industry, pulling out of investments worth EUR 500 million. Europe's No. 2 insurer joins a growing list of financial companies that have decided to spurn...

Posted By : Sanju Moirangthem 42 minutes ago
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Murray Energy Corp, the nation's third-largest coal producer, has laid off 1,240 workers in Ohio and West Virginia, effective immediately, as demand for coal weakens.

Posted By : Sanju Moirangthem 20 hours 5 minutes ago
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The National Mining Agency (ANM) said that Colombia, the world's fourth biggest coal exporter, produced 23.2 million tonnes of the fuel in the first three months of the year, down 5% from the same period last year.

Posted By : Sanju Moirangthem 20 hours 12 minutes ago
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Mr Dasari Narayan Rao former union minister of state for coal told a court here that the decisions about allocating Jharkhand's Amarkonda Murgadangal coal block to two firms were taken by then prime minister Dr Manmohan...

Posted By : Sanju Moirangthem 20 hours 16 minutes ago
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It is reported that Kyrgyz Prime Minister will inspect the work of Kara-Keche coal mine, the press service of the government reported.

Posted By : Sanju Moirangthem 20 hours 22 minutes ago
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Indian Express reported that the Coal Ministry has written a letter to various state governments - mainly Chhattisgarh, Jharkhand and Odisha, to expedite the process of signing agreements with successful bidders of the...

Posted By : Sanju Moirangthem 20 hours 27 minutes ago
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Operating affiliates of Alpha Natural Resources, Inc. ANR, -3.68% have notified employees today of the expected idling of the mining and processing operations where they work.

Posted By : Sanju Moirangthem 20 hours 33 minutes ago
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Reuters reported that Adani Mining (ADEL.NS) has signed up buyers for around 70% of the coal it plans to produce from a huge mine in Australia, putting it a step closer to being able to seal funding for the AUD 10...

Posted By : Sanju Moirangthem 20 hours 40 minutes ago
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It is reported that the mining company Coal of Africa Limited (CoAL) is one step closer to opening its flagship project, the Makhado Mine. This follows an announcement by the company that it has been granted a...

Posted By : Sanju Moirangthem 20 hours 45 minutes ago
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Financial Express reported that the coal ministry will soon revise its equipment procurement policy to increase mining efficiency without which Coal India (CIL), contributing more than 80% of the country’s total...

Posted By : Sanju Moirangthem 20 hours 52 minutes ago
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Times of India reported that the government is looking at two options for auctioning coal linkages - supply assurance from Coal India's mines - to ensure that price does not get skewed by variation in demand from...

Posted By : Sanju Moirangthem 21 hours 1 minute ago
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Amidst low global coal price PT Samindo Resources Tbk instead increases coal production to 12 million tonne this year from 9.5 million tons in 2014. Until Q1/2015 its coal production reached around 2.8 million tonne or...

Posted By : Sanju Moirangthem 21 hours 8 minutes ago
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Reuters reported that the dismissed CEO and labour union of Berau Coal Energy have filed a lawsuit against the managers installed by the company’s controlling shareholder, Asia Resource Minerals (ARMS), the latest...

Posted By : Sanju Moirangthem 1 day 14 hours 28 minutes ago
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