Coal News

RSS

Bandanna Energy Looks for Funding to Develop Bowen Basin Coal

Bandanna Energy is looking for new partners to help fund the development of its coal mines in Bowen Basin.

4 Jan 2012

Gina Rinehart Dips Toe into Mongolian Mining Industry

Mining magnate and Australia’s richest person, Gina Rinehart, has reportedly invested close to $3 million in companies that are exploring coal in Mongolia.

21 Dec 2011

Mining Will Continue to Drive Australian Economy in 2012

Iron ore prices are constantly rising and will fuel the Australian resources boom for at least one more year as per the Bureau of Resources and Energy Economics.

18 Dec 2011

Queensland Mining Industry Says It's Driving the Economy

Miners in Queensland claim that they still drive the economy of the state as one in eight jobs in the state is related to the mining industry.

13 Dec 2011

Origin Energy to Run ‘Drought Free’ Demonstration Farm

Origin Energy Limited has come up with an interesting concept through which it hopes to prove that mining and agriculture can indeed survive together in the same region. They are hoping to run what they call a ‘drought free’ demonstration farm.

From Origin Energy 12 Dec 2011

Whitehaven Coal and Aston Resources Talk Merger

Whitehaven Coal Ltd and Aston Resources Ltd are considering a merger. The two Australian coal mining companies have been discussing a potential merger but there have been no definite decisions taken as yet said the team from Whitehaven Coal on Monday.

From Whitehaven Coal Limited 5 Dec 2011

Arch Coal to Scale Back Production at Dugout Canyon Mine, Utah

The Canyon Fuel subsidiary of Arch Coal, Inc. has announced that it would be scaling back production at the Dugout Canyon mine near Wellington, Utah, in response to continuing weakness in coal demand in the region.

3 Nov 2011

Arcelormittal Accepts PEAMCoal Offer

ArcelorMittal today provided notice to Peabody Energy that, in accordance with the Co-Operation and Contribution Agreement between the two companies, following its acceptance of PEAMCoal Pty Ltd's offer for Macarthur Coal Ltd yesterday, it has terminated the Co-Operation and Contribution Agreement as provided for therein.

25 Oct 2011

Aspire Mining Continues Exploration at Ovoot Coking Coal Project

Aspire Mining is successfully continuing the exploration program at the Ovoot coking coal project. It has identified a formerly anonymous coal seam structure region for some 4 km to the north-east direction of the present Ovoot resource region.

From Aspire Mining Limited 12 Oct 2011

Albania Looks to Reform Mining Sector and Issue New Leases

Albania is looking to give its mining industry a major boost as it plans on issuing 151 mining licenses this year. The Ministry of Economy, Trade and Mining said on Thursday that they planned to allocate 20 of these mining licenses in weekly competitions.

9 Oct 2011