Coal - 21 May 2015

Adani Mining has announced that 70% of the coal it plans to produce from a huge mine in Australia has been signed off to buyers.

Lenders are growing increasingly uncomfortable about funding coal due to environmental concerns.

The prospects for Botswana’s mining industry are positive on the back of continued strong diamond production and strong growth in coal output.

The conflict in Ukraine has had a significant impact on the country’s coal production with production dropping by almost 20 million t.

Coal India has been given the all-clear by the environment ministry to expand the Jhanjra underground mining project in West Bengal.

Traders and consultants have said that India is expected to eclipse China as the world's top coal importer in 2015, sooner than previously predicted.