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The Rio Tinto board confirmed its recommendation that shareholders vote in favour of the sale of Rio Tinto’s wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited.

Posted By : Rabi Wangkhem 6 hours 42 minutes ago
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The Australian reported that the Chinese company in a bidding war with Glencore for Rio Tinto’s Australian thermal coal assets is looking to Australia to solve what its chairman recently called a “looming crisis”...

Posted By : Rabi Wangkhem 6 hours 45 minutes ago
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India Infoline News Service reported that supply of coal by state-owned Coal India Limited to power plants slipped by nearly 2% to 64.7 million tonnes during the April-May period of the ongoing fiscal even as the power...

Posted By : Rabi Wangkhem 6 hours 50 minutes ago
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On 24 January 2017, Yancoal agreed to acquire C&A on the following terms:

$1.95 billion cash, payable at completion plus a coal price-linked royalty
$500 million in aggregate deferred cash payments, payable...

Posted By : Rabi Wangkhem 6 hours 53 minutes ago
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The company's significant events and highlights for the three months ended 31 March, 2017 and the subsequent period to 12 May, 2017 are as follows:

Posted By : Rabi Wangkhem 7 hours ago
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Reuters reported that state-owned firm Botswana Oil has issued a tender seeking investors to build a coal to liquid plant for production of fuel in the diamond-rich southern African country in a bid to secure its energy...

Posted By : Rabi Wangkhem 7 hours 4 minutes ago
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Prairie Mines & Royalty ULC (formerly known as Coal Valley Resources Inc.) pleaded guilty in Alberta Provincial Court to two counts of violating the Fisheries Act. Judge CD Gardner sentenced the company to pay monetary...

Posted By : Rabi Wangkhem 7 hours 8 minutes ago
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Clean Coal Technologies Inc, an emerging cleaner-energy company utilizing technology to convert untreated coal into a cleaner burning and more efficient fuel, announced they have signed a binding agreement with Wyoming...

Posted By : Rabi Wangkhem 7 hours 12 minutes ago
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Data recently compiled between October 2015 and March 2017 by the US Department of Labor’s Mine Safety and Health Administration shows that less experienced miners - both at a mine and at a specific occupation -...

Posted By : Rabi Wangkhem 7 hours 16 minutes ago
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Contura Energy Inc. announced that one of its affiliate operations, Contura Coal West's Belle Ayr mine, has received the 2016 Surface Mine Safety Award given jointly by the state of Wyoming Department of Workforce...

Posted By : Rabi Wangkhem 7 hours 19 minutes ago
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