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A week in coal: 21 November 2014

A week in coal: 21 November 2014

The news stories that caught the eyes of the World Coal team this week.

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The latest coal news

The future of coal lies in emerging economies

The future of coal lies in emerging economies

The use of coal in power generation is set to decline rapidly in developed countries as emissions regulations kick in, leaving only demand from emerging economies to power growth.

Drilling starts at Berkh Uul project

Drilling starts at Berkh Uul project

Viking Mines has started its drilling programme at the Berkh Uul coal project in northern Mongolia.

Belaz wins Swedish Steel Prize

Belaz wins Swedish Steel Prize

Mining truck manufacturer, Belaz, has won this year’s Swedish Steel Prize for the world’s largest mining truck.

Italy’s coal imports drop through 2014

Italy’s coal imports drop through 2014

Italy’s imports of both thermal and metallurgical coal dropped this year, leaving the country further dependent on imported natural gas.

 

Wyoming seizes idle coalbed methane wells

Wyoming seizes idle coalbed methane wells

The US state of Wyoming has seized almost 3000 idle CBM wells, after the owner of the wells, High Plains Gas, failed to come up with a US$ 6.8 million bond.

China to cap coal use by 2020

China to cap coal use by 2020

China indicates it will set a cap on coal consumption in 2020, in order to achieve climate targets.

Megan Clark joins Rio Tinto board

Megan Clark joins Rio Tinto board

Chief executive of CSIRO, Megan Clark, will join the Rio Tinto board as non-executive director.

China and Australia agree FTA

China and Australia agree FTA

China and Australia conclude negotiations on a bilateral free trade agreement but questions are raised over its benefits to the coal sector.

 

Local villagers approve plan to mine coal in Peru

Local villagers approve plan to mine coal in Peru

AIM Exploration has received the approval of the local village community for its coal mine project in Otuzco Province, Peru.

Coal mining giant, Peabody Energy, commends G20 Communique

Coal mining giant, Peabody Energy, commends G20 Communique

Peabody Energy has commended the G20 Communique for focus on global economic growth, poverty eradication and energy collaboration.

Was there ever a tale of more woe?

Was there ever a tale of more woe?

Adrian John, Precergy Ltd, UK, asks whether coalbed methane could be the solution to solving India’s gas woes.

Halliburton and Baker Hughes reach merger agreement

Halliburton and Baker Hughes reach merger agreement

Halliburton and Baker Hughes have reached a definitive agreement, under which Halliburton will acquire all outstanding shares of Baker Hughes in a stock and cash transaction.

 

Australian coal exports to continue to grow

Australian coal exports to continue to grow

Australian coal exports could reach 650 million by 2049/50, according to a new report from the Bureau of Resource and Energy Economics.

Benefits of renewable energy in mining

Benefits of renewable energy in mining

A commitment to renewable energy at minesites can improve a mining company’s bottom line and boost its stock price.

A rosy future for activated carbon market

A rosy future for activated carbon market

The activated carbon market for mercury control at coal-fired industrial plants is expected to reach US$5.6 billion by 2019.

Elk Valley coal mine water quality plan approved

Elk Valley coal mine water quality plan approved

British Columbia Ministry of Environment approves Elk Valley water quality plan, which looks to address the management of selenium and other substances released by mining activities.

 

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