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PHI Group Enters into LOIs for Indonesian Coal Resource Acquisition

PHI Group, Inc., a company focused on energy and natural resources, today announced that the Company has signed new Letters of Intent to acquire two coal concessions with total estimated resources of approximately 210 million metric tons in South Kalimantan and West Sulawesi, Indonesia.

29 Oct 2012

Xstrata Coal to Restructure Coal Operations in Australia

Xstrata Coal, a global exporter of thermal coal, has announced changes to its coal operations in Australia.

11 Sep 2012

Signal Peak "Pulling Ahead"

Signal Peak, a bituminous coal mine located in Montana's Bull Mountains, is "pulling ahead" and on track to becoming a world class mining operation, in both production and safety, reported mining industry m...

6 Aug 2012

Scoping Study Confirms Potential For Underground Mine For Coalspur Mines Limited

Coalspur Mines Limited (ASX: CPL, TSX: CPT) is pleased to announce the completion of a positive Scoping Study which confirms the potential for an economic and technically feasible underground longwall mine at the Company's wholly owned Vista Extension property.

30 Jul 2012

OSM Honors Alcoa’s Sandow Mine with 2012 Excellence in Surface Coal Mining Award

Office of Surface Mining Reclamation and Enforcement (OSM) has conferred Alcoa’s Sandow mine located in Texas with the “Good Neighbor Award” in the Excellence in Surface Coal Mining Awards for 2012.

From Alcoa Corporation 30 Jul 2012

Patriot Coal Receives Court Approval Of $802 Million Of DIP Financing On Interim Basis

Patriot Coal Corporation, a producer and marketer of coal products in the eastern United States, today announced that the Bankruptcy Court for the Southern District of New York granted Patriot interim approval of its $802 million Debtor-in-Possession financing ("DIP") from Citigroup Global Markets Inc., Barclays Bank PLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, and granted Patriot interim authorization to access immediately $677 million of the DIP financing.

11 Jul 2012

Colombia Energy Resources Begins Initial Shipments Of Met Coal From Its Ruku Mining Facility

Colombia Energy Resources, Inc. (OTCBB: CERX), a metallurgical coal exploration and production company operating in the Republic of Colombia, has begun making shipments from its Ruku mining complex after temporarily halting production earlier this year to make repairs and safety upgrades and to improve security at the site.

11 Jul 2012

Sale Of Sonoma Coal Mine By Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its wholly owned subsidiary, Cliffs Australia Coal Pty Ltd, has entered into a definitive share and asset sale agreement to sell its 45% economic interest in the Sonoma joint venture coal mine located in Queensland, Australia to QCoal Sonoma Pty Ltd (QCoal).

11 Jul 2012

Five Star Equities Provides Research on Patriot Coal and James River Coal

The requirement for coal during the current year in the United States has been pulled down significantly due to reduction in natural gas prices, which has resulted in a bad phase for coal stocks.

4 Jul 2012

Bandanna Energy Provides Update on Springsure Creek Venture

After ascertaining the viability of the venture, Bandanna Energy has invested to develop the Springsure Creek subterranean coal project and has taken a senior secured bank guarantee facility of 67 million Australian dollars from Credit Suisse.

3 Jul 2012