ENERGY

Macarthur Coal reports record full year coal sales, despite Q4 decline

Wednesday , 28 Jul 2010
The Australian miner reported a 10.8% drop in Q4 sales but said it finished the year with a record 5.23m tonnes in sales

Macarthur Coal, CITIC resources, call off A$110m coal JV deal

Tuesday , 27 Jul 2010
The two group's have scrapped plans for a coal joint venture after the deal met with resistance from minority shareholders

Coal workers reach two-year agreement after strike at Prodeco's La Jagua mine

Tuesday , 27 Jul 2010
Union officials said Monday, they had ended a five-week walkout after signing a two-year compensation deal at the mine, which has some of Colombia's highest quality coal

House Labor Committee approves Byrd Miner Safety and Health Act

Thursday , 22 Jul 2010
A vote of the entire U.S. House is the next step for the Miner Safety and Health Act of 2010, aimed at toughening mining health and safety regulation enforcement.

Indonesia's biggest state coalminer reports weaker-than-expected H1 results

Thursday , 22 Jul 2010
Bukit Asam said profits slipped 43% in the first half but, said it expected coal output and prices to pick up in the second half

Asian firms have $7bn in Australian coal assets in their sights

Wednesday , 21 Jul 2010
With long-term forecasts calling for greater coal consumption over the next 30 years, companies across Asia are jostling for supplies and valuations of Australian coal miners are being pushed up

Peabody Energy announces better-than-expected Q2 numbers

Tuesday , 20 Jul 2010
The coal miner said demand for steel-making coal drove higher sales from its Australian mines.

Opinion: Batteries are the shocking truth about electric cars

Tuesday , 20 Jul 2010
New lithium-ion battery technology is still far away from providing commercial, and consumer-acceptable electric automobiles

Four Chinese coal mine accidents kill 40, trap 11 underground

Monday , 19 Jul 2010
Four separate coal mining accidents, which killed at least 40 people in China over the weekend, again called attention to one of the world's worst mining safety records,

Clive Palmer to build new coal loading facility in Queensland

Monday , 12 Jul 2010
According to an Australian newspaper, the mining magnate intends to build his own facility after two sites at Abbot Point were allocated to BHP

Cleaning up Powder River Basin coal emissions

Friday , 09 Jul 2010
Arch Coal licenses ADA-ES technology to clean up PRB coal emissions

South African coal exports to China on the rise again

Friday , 09 Jul 2010
Competitive freight rates and prices have re-opened the Chinese market to South African coal exports

South Korean consortium acquires 5 Aus coal fields

Monday , 05 Jul 2010
The consortium, led by Korea Electric Power will pay Anglo American $488m for the coal fields

Massey coal processing plant damaged by fire

Thursday , 01 Jul 2010
Massey says the fire, the second one in less than a year at the facility, damaged the under-construction plant but that no injuries were reported

Scottish Resources owners to bank 200m pounds in IPO

Monday , 28 Jun 2010
Sources close to the deal report that the stakes, held for 16 years could be worth as much as 200m pounds which the coal miner lists next month

MSHA investigators finally go underground at Upper Big Branch Mine disaster site

Monday , 28 Jun 2010
Both state and federal lawmakers hope to review the findings of a federal investigation of the Upper Big Branch Mine disaster to see if more laws are necessary to prevent mine disasters.

Peabody Energy still looking at Australian, Mongolian opportunities

Friday , 25 Jun 2010
Recently rebuffed in its attempts to buy Macarthur Coal, the coal miner says it is undeterred and remains optimistic of opportunities in Australia and Mongolia

A BP bankruptcy could make Lehman look small by comparison

Thursday , 24 Jun 2010
An analysis of the global financial fallout should BP have to file for bankruptcy - yet another reason to hold gold as insurance.

Indian Coal minister says Maoist threat hampering coal production

Wednesday , 23 Jun 2010
Sriprakash Jaiswal told reporters the threat of Maoist attacks was hampering coal mining and that if the situation improved, coal production could rise by at least 25%

Exxaro begins Grootegeluk mine expansion

Friday , 18 Jun 2010
The mine is expected to supply coal to South African power utility Eskom from 2012

Corps suspends nationwide permits for Appalachian coal operations

Friday , 18 Jun 2010
Fearing discharge of coal mining fill "may in result in more than minimal impacts to aquatic resources," the Corps of Engineers suspended use of Nationwide Permit 21 in Appalachian coal country.

18 miners die in Colombian coal blast, 70 more feared dead

Friday , 18 Jun 2010
18 bodies have so far been pulled from the wreckage after a gas explosion ripped though the San Fernando coal mine in the northwestern Antioquia province late Thursday night

Massey says mine safety regulators made contradictory recommendations

Wednesday , 16 Jun 2010
The company whose Upper Big Branch mine suffered an explosion that killed 29, said the MHSA gave the mine conflicting recommendations on how to prevent methane leaks

Aquila in dispute with Vale over coal project

Tuesday , 15 Jun 2010
The group said it is currently in a budget dispute with its joint venture partners in the Eagle Downs hard coking coal project

KGHM to buy as much as 11.3% of Polish state power utility, Tauron

Monday , 14 Jun 2010
The Copper producer said it is looking to enter the energy sector to cut its reliance on volatile copper prices
SAFETY

Massey "disappointed" by MSHA comments

Friday , 11 Jun 2010
Massey took aim at comments by MSHA's Assistant Secretary Joe Main, saying the process for dealing with violations is biased against miners

Vale to buy out Aquila's stake in hard coking coal project

Friday , 04 Jun 2010
The group will exercise its right to buy a 24.5% stake in the coal project taking its holding to 100%, Aquila said
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TOP STORIES

Why base metals may likely outperform gold in 2011

Friday , 30 Jul 2010
In its Q3 Metals Review, Natixis says gold and silver are likely to underperform next year while base metals should regain some of their lustre
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