10 Chinese coal producers have joined a UN program to promote the development and deployment of clean coal technologies. The move aims to reduce emissions and environmental pollution. But some analysts believe it will take a while for China to reduce its reliance on coal.
Read More….
Coal mining company Arch Coal reported sales gains in the third quarter decreased, due to falling coal prices. Mining companies estimate the demand for coal will increase, especially coal used for steel making. Increased demand for coal will increase next year, coal demand is expected to reach the 4 million tons.
Read More…
Alton Coal mining company received approval from government regulators to exploration Utah coal mine in southern Utah. Exploration licensing coal mining after mining companies willing to provide guaranteed funds for mine site reclamation for coal to be on exploration.
Read More…
India is the global expansion of coal mining in some countries that have the potential for coal mining. Little has been done several coal mining investments in Australia and established a subsidiary in Mozambique coal mines in two coal mining concessions. Currently, the Indian coal mining companies interested in buying small coal properties in the United States. Chairman little is negotiating with the U.S. coal mining company.
Read More…
Sentula Mining Ltd. gained in Johannesburg trading after the South African company accepted a 686 million-rand ($92 million) bid for its stake in Siyanda Coal Ltd., a transaction that would end the need to raise cash in a rights offer.
Read More…
Selling price of thermal coal and coking coal is expected to rise in the year 2011. Mining trade analyst, Warren Edney estimated sales price of thermal coal to reach $ 75 per metric ton in 2011, while coking coal will be sold at $ 150 in the same period, an estimated increase in sales of coking coal 15 percent more than before.
Read More…
Coal mining company Anglo Coal will close the coal mines located in Queensland, if the Federal Government issued a climate change policies that affect air pollution levels. Due to the closure of coal mining exploration project, as many as 2000 jobs associated with mining exploration activities will be lost. Anglo Coal hopes the Federal Government could consider the loss if the Queensland coal mines to be closed early.
Read More…
China mining exploration company, Zhundong Petroleum agrees establishment of new company for seeking, mines and coal sale, methane coalbed, and mineral resource.
Read More…
Puda Coal, Inc. is a red hot company in an otherwise troubled coal industry. The Chinese coal producer achieved record revenue and net income, generated strong cash flow, and closed 2008 with a healthy balance sheet. Read More…
Shares of Western Canadian Coal Corp. rose another 24 per cent Wednesday, after a 23 per cent gain the previous day, when the company said it has signed enough new sales contracts to continue running its Brule mine and Wolverine operation in British Columbia. Read More…
