The world’s largest mining company BHP Billiton is in trouble in Queensland, Australia. Mine workers are asking for changes in the work conditions as they begin a seven day strike. However both BHP Billiton and the Construction, Forestry, Mining and Energy Union – CFMEU are willing to resume negotiations.
Xanadu Mines, a junior exploration company is looking for buyers for its Mongolian thermal coal projects. The vast mineral wealth and the proximity to China make Mongolia the next boom country for the global mining community.
Newmont Mining is in the situation whereby two overseas companies are hoping to buy its coal tenements. The mining company is selling its coal assets in Queensland which are estimated to hold more than 1.2 billion tones of thermal coal.
The Wilderness Society has asked Federal Environment Minister Tony Burke to use emergency powers to protect four areas in Cape York, Australia that are currently threatened by mining proposals. The appeal was made in a letter by Gavan McFadzean last week.
Coalspur Mines Limited has announced the results of its Bankable Feasibility Study (BFS) for its Vista Coal Project near Hinton in Canada’s Alberta province.
U.S. company Peabody Energy feels that its latest Australian acquisition, the Macarthur Coal mines are not up to industry standards. The largest producer of coal in the U.S. by output, has decided to spend time and money on the coal mine to bring it up to par with its expectations.
Major opposition to lignite (brown coal) showed up in the form of a protest in Southland, New Zealand as part of the “Keep the Coal in the Hole Summer Festival”. The protestors were against a project to mine lignite near Mataura by state owned company Solid Energy.
Patriot Coal has entered into a consent decree with the Ohio Valley Environmental Coalition, the West Virginia Highlands Conservancy and the Sierra Club to settle a lawsuit.
The state of Indiana is soon to be the host to the biggest coal mine in all of eastern USA. However the Bear Run Mine in southwestern Indiana is worrying environmental groups as it steps up to become the largest coal mine in the region.
The Kayenta mine on the Navajo and Hopi reservations has been given a renewed operating permit. The mine in northern Arizona is owned by Peabody Energy Corp. The coal from the mine is used to feed the Navajo Generating Station.
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