Coal

The world is still very much dependent on coal for low-cost energy, says a recent report from the Manhatten Institute for Policy Research.

A number of digital highlights from the November issue of World Coal magazine.

Coal India could boost coal output beyond 1 billion t, according to a government official.

Peabody Chairman and CEO, Gregory Boyce, has called on global leaders to use lessons learned from three major APEC nations to improve global energy policy.

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

Tajikistan has reached the coal production target for 2014 with two months to spare.

Anglo American has extended its contract with Hughes Drilling for overburden drilling at the Callide opencast coal mine in Australia.

Stockpiles of coal at coal-fired power plants in the US are smaller than in recent years.

Hal Quinn has sounded a positive note on the Republican takeover of the Senate in the US Midterm Elections.

Coal India Limited has beaten its production target for October, for the first time in seven months, Reuters reports.

Bank of America Merrill Lynch has cut its price forecast for Newcastle coal to US$65/t for 2015 on the back of growing oversupply.

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

Rhino Resources reports net loss in Q3 2014, compared to a net profit in the same quarter last year.

Legal settlement proceeds of US$ 19.5 million have helped bump up the margins for Oxford Resource Partners over Q3 2014.

Bowie Resources will scale back production at the Bowie #2 coal mine in Colorado.