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  • News - 20 Jul 2010
    A full financial, technical and environmental review will be undertaken by the members of the U.S. Export - Import Bank before they take a vote on giving India's Reliance Power a loan. The loan...
  • News - 12 Jul 2010
    Clive Palmer, the mining magnate plans to construct a new coal loading facility north of Abbot Point in Queensland. The new facility will be able to handle 40 million tonnes a year. This would...
  • News - 7 Jul 2010
    The recent decision to scrap the proposed RSPT and the introduction of the revised MRRT has lead Swiss mining company Xstrata to restart work on the Wandoan Coal mine. The planned $6 billion coal mine...
  • News - 5 Jul 2010
    Macarthur Coal Ltd has had a good year and this reflects in its revised full year profit forecast. The world’s largest producer of pulverized coal which is used by steelmakers has gone from...
  • News - 5 Jul 2010
    Centennial Coal seems to be amongst the first beneficiaries of the new revised mining tax of the Australian government. It is attributing the generous $2.5 billion takeover bid that it has received...
  • News - 4 Jul 2010
    Asciano has secured a $320 million contract with Middlemount Coal for the next ten years. This will be for moving as much as 3 million tons of coal per annum in Queensland from January 2012 onwards....
  • News - 22 Jun 2010
    Patriot Coal, based in St. Louis, plans to permanently close a valuable coal mine in West Virginia. The mine in question is Harris No.1 min near Wharton. The operations were suspended last week after...
  • News - 17 Jun 2010
    Xstrata has suspended its multi billion dollar project in the Surat Basin in central Queensland. The $186 million worth expenditure was to be used to develop the $6 billion Wandon thermal coal project...
  • News - 17 Jun 2010
    The Eagle Downs coking coal project is a joint venture between Aquila Resources Ltd and Brazilian mining giant Vale's subsidiary Bowen Central Coal. Aquila and Vale are already 50:50 partners in a...
  • News - 15 Jun 2010
    Asciano Group has signed a 10 year coal hauling contract with the mining company Anglo American. The deal is set to generate revenues of more than $775 million. Anglo American is one of the...

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