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Ms Ewa Kopacz, Polish Prime Minister, said that she expected the treasury ministry to present a detailed plan for the troubled coal miner Kompania Weglowa in the coming days.

Posted By : Sanju Moirangthem 2 days 4 hours 22 minutes ago
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It is reported that Glencore’s offer to provide coal to Eskom at a higher price than it usually pays has led the South African state utility to state it will seek compensation.

Posted By : Sanju Moirangthem 2 days 4 hours 30 minutes ago
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The Ipswich City Council, west of Brisbane, has resolved to oppose future coal mines and coal seam gas exploration and work to extinguish existing mining leases. It is the latest of several local governments around...

Posted By : Sanju Moirangthem 2 days 4 hours 45 minutes ago
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Bloomberg reported that Vale SA is exiting its money-losing thermal coal business in Australia, selling a second project in less than a month, as prices for the power-generation commodity dive.

Posted By : Sanju Moirangthem 2 days 5 hours 1 minute ago
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According to two people with knowledge of the matter, Peabody Energy Corp. hired Lazard Ltd. to advise the coal miner how to restructure its USD 6.3 billion of debt.

Posted By : Sanju Moirangthem 2 days 5 hours 15 minutes ago
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According to a company statement, French oil and gas major, Total, confirmed it has closed the sale of its coal mining subsidiary, Total Coal South Africa, to Exxaro, following approval by the South African government....

Posted By : Sanju Moirangthem 2 days 5 hours 40 minutes ago
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Royal Energy Resources, Inc. announced that it has signed a Letter Agreement to acquire the assets and infrastructure of two permitted mines in Northern Appalachia, located on the Ohio River in Meigs County, Ohio and...

Posted By : Sanju Moirangthem 2 days 5 hours 50 minutes ago
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Unsecured creditors in Patriot Coal Corp's latest bankruptcy are calling for the coal producer, its mine workers and a company planning to buy parts of it to come to terms on union contracts to avert a strike that could...

Posted By : Sanju Moirangthem 2 days 6 hours 4 minutes ago
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Mr Piyush Goyal, Coal and Power Minister, said that the process and formalities of the fourth round of coal block auctions are in the last stage.

Posted By : Sanju Moirangthem 2 days 6 hours 9 minutes ago
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According to a July report released by the Mine Safety and Health Administration, Sunrise Coal’s Carlisle Mine was cited with 8 violations during a federal inspection; 4 of those were categorized as ‘significant and...

Posted By : Sanju Moirangthem 2 days 6 hours 25 minutes ago
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Teck Coal has been notified of charges in relation to a 2012 incident at its Elkview operation. The charges have been filed under the Environmental Management Act and the Fisheries Act.

Posted By : Robichandra Sanasam 3 days 16 minutes ago
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Global Times reported that China's major coal firms reported widening losses for the H1 of 2015 compared with a year earlier, and analysts said that the trend will continue for the rest of the year because of continuing...

Posted By : Robichandra Sanasam 3 days 41 minutes ago
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It is reported that Mongolia’s revenue from coal exports amounted to USD 353.9 million, decreasing by 30 percent compared to the same period of 2014, mainly due to the Chinese market decline.

Posted By : Robichandra Sanasam 3 days 48 minutes ago
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Argus reported that UK-South African mining firm Anglo American's plans to expand the Drayton South thermal coal mine in the Hunter valley region of New South Wales (NSW) has been approved by the NSW planning and...

Posted By : Robichandra Sanasam 3 days 1 hour 15 minutes ago
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China Shenhua Energy announced it will cut its capital spending by 20% on the year in 2015 to cope with flagging coal sales amid China's economic slowdown.

Posted By : Robichandra Sanasam 3 days 1 hour 32 minutes ago
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Engineering group Monadelphous has hit back against claims by Queensland's Wiggins Island Coal Export Terminal that its work is sub-standard, arguing it is not aware of any alleged defects.

Posted By : Robichandra Sanasam 3 days 1 hour 49 minutes ago
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BHP Billiton announced underlying earnings from its coal business of USD 348 million in the twelve months to 30 June 2015 (FY2015), down from USD 575 million in the twelve months to 30 June 2014 (FY2014).

Posted By : Robichandra Sanasam 3 days 1 hour 56 minutes ago
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Mr Volodymyr Demchyshyn minister of Energy and Coal Industry said that energy generating company Centrenergo expects to receive two batches of coal totaling 160,000 tonnes by October 15.

Posted By : Robichandra Sanasam 3 days 2 hours 13 minutes ago
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Mr Volodymyr Demchyshyn, Minister of Energy and Coal Industry of Ukraine, said that PJSC Centrenergo will receive the first batches of A grade coal from the Kuznetsk Basin (Russia) by the end of this month.

Posted By : Robichandra Sanasam 3 days 2 hours 21 minutes ago
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Reuters reported that European thermal coal prices held near a 12-year low on Wednesday, as fears over the economic outlook in top consumer China weighed on commodity markets.

Posted By : Robichandra Sanasam 3 days 2 hours 27 minutes ago
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