Coal

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.

Colombia produced 23.2 million t of coal in the first three months of the year, down 5% from the same period last year.

Teck Resources Limited will be implementing temporary shutdowns in the third quarter of 2015 at its six Canadian steelmaking coal operations.

A report from West Virginia University predicts coal production declines will continue in West Virginia.

An additional consideration of 6 million shares was to be issued in accordance with the terms of the 2011 Dunlevy acquisition agreement.

The announcement reflected upon the historic step changes in formal recognition of the rights and interests of Aboriginal peoples.

The new mines form part of the overall plan to double the current production Coal India in five years.

The finance committee of Norway’s parliament announced that opposition and governing parties had come to an agreement.

Atlantic Coal has announced that Wardell Armstrong International Ltd have re-assessed the Stockton reserve.

Since the application of a series of regulatory reforms in 2003, Colombia has seen a marked increase in coal production.

South African utility Eskom faces a 17 million t coal shortfall by 2017 at its coal-fired power plants.

The export credits assist developed nations provide coal-fired generation and mining technology to poor nations.

Despite headwinds from the low metallurgical coal price and government moves to increase taxation on the mining sector, Mozambique’s coal sector will grow to 2018.

French insurer AXA has announced that it is cutting its exposure to the coal industry, withdrawing investments worth €500 million.