A new report from PricewaterhouseCoopers (PwC) shows that coal makes a significant contribution to the British Columbia economy through employment, tax revenue and contribution to provincial GDP. In 2011, the coal industry generated an estimated $3.2 billion in provincial GDP and approximately $715.2 million in tax revenue for all levels of government including $399 million in tax revenue generated by economic activity and $316.2 million in mineral tax payments to British Columbia.
A new form of clean coal technology reached an important milestone recently, with the successful operation of a research-scale combustion system at Ohio State University. The technology is now ready for testing at a larger scale.
Vale, one of the world's leading mining companies, has signed a major contract with Metso to deliver 110 heavy duty slurry pumps to their Moatize coal mine in Mozambique. The order is part of Vale's plan to incre...
FLSmidth has won a contract worth approximately USD 112m (DKK 658m) from Vale, its long-term Brazilian customer, to supply Material Handling and Mineral Processing equipment for Vale's Moatize coal mine in the Tete Province of Mozambique.
After a dismal 2012, the Coal Industry looks to be on the upswing as a recent report from the International Energy Agency predicts global coal demand over the next five years to grow at an average of 2.6 percent a year. The Market Vectors-Coal ETF (KOL) has gained nearly 7 percent over the last month. The Paragon Report examines investing opportunities in the Coal Industry and provides equity research on Alpha Natural Resources, Inc. and Peabody Energy Corporation.
PHI Group, Inc., a company focused on energy and natural resources, announced today that it has signed a definitive agreement to acquire 70% of equity ownership in PT. Tambang Sekarsa Adadaya ("TSA"), an Indonesian company, in exchange for cash and stock.
Canada Coal Inc. (the "Company" or "Canada Coal"), is pleased to announce that it has applied for an additional 11 coal exploration licences within the Fosheim Peninsula region on Ellesmere Island. Once granted, these licences will add an additional 280,000 acres to Canada Coal's project area in key areas surrounding planned exploration drill targets, taking the Company's total coal licence holdings to 86 licences covering approximately 2,722,627 acres.
Norfolk Southern has completed a major upgrade to its Lamberts Point export coal transload facility in Norfolk, positioning it to remain the largest and fastest coal transload facility in the Northern Hemisphere. More commonly known simply as Pier 6, the facility transfers coal hauled by train from Appalachian coal fields to ships bound for world markets.
L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with track record of profitable coal operations in China, announced that it has entered into a strategic project agreement with Taggart (Beijing) Engineering Ltd. ("Taggart"), an affiliate of Taggart Global, to jointly expand each other's coal businesses in China.
A major review of evidence on the impact of coal mining has highlighted serious, ongoing health and social problems and an urgent need for improvements in government coal mining policy.
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.