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Proactive Investors reported that Anglo Pacific Group PLC has reaped the full benefit of coal prices hitting a five-year high. Royalty income in 2016 will be 140% higher and in a range of £20.5mln - £21.5mln (2015:...

Posted By : Rabi Wangkhem 2 days 20 hours 52 minutes ago
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A source with direct knowledge of the matter said that Indonesian thermal coal miner Indo Tambangraya Megah is estimated to have produced about 26 million mt in 2016.

Posted By : Rabi Wangkhem 2 days 20 hours 54 minutes ago
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ABC reported that contract prices for coking coal have surged to their highest levels since 2011. Coking coal is a crucial ingredient in the steel making process but prices for the December 2016 quarter were relatively...

Posted By : Rabi Wangkhem 2 days 20 hours 56 minutes ago
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Financial Review reported that Wesfarmers will decide within months whether to sell its $2 billion resources business after upgrading first-half profit guidance following a surge in coal production and prices to the...

Posted By : Rabi Wangkhem 2 days 21 hours ago
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India Ratings said that Chhattisgarh’s request for a revision in royalty rates on coal to 30 per cent from the existing 14 per cent ad-valorem, will push up the cost of electricity by 7 per cent or 10-12paisa/kWh.

Posted By : Rabi Wangkhem 2 days 21 hours 2 minutes ago
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The press service of the Embassy of Belarus in Russia reported that in 2017 the Russian coal-mining company OAO Kuzbassrazrezugol intends to commission 70 new haul trucks made by the Belarusian company BelAZ, quoting...

Posted By : Rabi Wangkhem 2 days 21 hours 5 minutes ago
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AP reported that the partial collapse of a coal mine in northern China has left nine people dead.

Posted By : Rabi Wangkhem 2 days 21 hours 7 minutes ago
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Climate Change News reported that India’s energy minister has pledged to end India’s imports of coal within a few years. Recently, Mr Piyush Goyal tweeted the news that India’s imports had dropped by a quarter in...

Posted By : Rabi Wangkhem 2 days 21 hours 8 minutes ago
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Herald Leader reported that 13 US states have sued in an effort to block a federal rule aimed at reducing the impact of coal mining on streams.

Posted By : Rabi Wangkhem 2 days 21 hours 10 minutes ago
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Bloomberg reported that two people familiar with the discussions said that Anglo American Plc has shortlisted groups led by some of South Africa’s most prominent black businessmen as bidders for several of its South...

Posted By : Rabi Wangkhem 2 days 21 hours 12 minutes ago
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