Coal

A round-up of some of this week’s key news items from the international coal industry, from outlooks on coal emissions to updates on the latest projects.

Pennsylvania coal mining company, Atlantic Coal, has opened a new rail loading facility at its Stockton anthracite mine.

The World Coal Association urges governments across the world to commit to developing the deployment of low-emission high-efficiency technologies.

BHP Billiton celebrate the 130 year anniversary of the incorporation of BHP and its contribution to the Australian economy for over a century.

An AUS$355 million writedown on early-stage exploration assets hits an otherwise solid set of annual results from Australian production, Whitehaven Coal.

The board of New Zealand’s state-owned coal mine, Solid Energy, has placed the company into voluntary administration and proposed to sell its assets off over the next two and a half year.

According to an analyst with GlobalData, the recently revealed US Clean Power Plan will negatively affect the US coal industry as many facilities are unlikely to meet emission regulations.

Kibo Mining has announced the findings for the mining prefeasibility study for its Mbeya (formerly Rukwa) coal-to-power project.

Oracle Coalfields coal price petition has been admitted by the Sindh provincial government, allowing the company to proceed with its coal and power project in the Thar desert.

The Mongolian Cabinet has approved the granting of a concession agreement for the Erdenet-to-Ovoot railway to Aspire Mining subsidiary, Northern Railways.

Hargreaves Services announces its preliminary results for the year ended 31 May 2015. Despite a difficult market, the company believes its performance has best positioned it to work through these challenges in the future.

Ongoing weakness in thermal coal prices is increasing the financial stress on Australia’s coal mining and mining services companies.

Following the Senate and Environment and Public Works Committee mark-up of the Affordable and Reliable Energy Now Act, the National Mining Association applauds the Senate and EPW for supporting the Arena Act.

BMI Research has forecast Polish coal mining to grow in the coming years, yet only a limited amount. But this will keep Poland a significant player in the European coal market.

According to the latest report from the US Energy Information Agency, coal production in the US drops slightly for the week ending 1 August in comparison with the previous week.