Coal - 01 June 2015

Guildford Coal Limited has signed a Memorandum of Understanding to purchase an 80% stake in a large thermal coal project in Mongolia.

Due to difficulties in the domestic mining industry, Ukraine's biggest power producer and major coal miner DTEK will become a coal importer.

Asia Resource Minerals announce that an offer from ACE Ventures to buy the company and restructure its debt is its preferred option.

Indian Prime Minister Narendra Modi is resolute in his desire to relocate over 100 000 people living near coalfields in eastern India.