Coal

Scientists have discovered large coal deposits under the North Sea that could power Britain for hundreds of years.

The resumption of Drummond coal exports from Colombia has increased the Atlantic surplus.

Asia Resource Minerals exceeded its 2013 output target, but earnings fell due to the impact of weak thermal coal prices.

UK Coal is appealing for urgent financial help in order to keep its mines open.

A slump in coal prices has forced Mongolian Mining Corp. to seek a debt extension.

Russian coal producer, Raspadskaya, has announced a loss of US$ 126 million for 2013.

Axpo Trading AG, Trianel GmbH and Yancoal Australia have joined globalCOAL’s online trading platform.

The US mining industry has reacted angrily to the Supreme Court’s decision to uphold the EPA’s revocation of the Spruce No. 1 mine permit.

The Netherlands will no longer provide funding for new overseas coal projects.

Viking Ashanti is a step closer to acquiring the North Mongolian Berkh Uul coal project.

Clean coal represents a key future growth sector for securing Australia’s thermal coal export revenue.

JORC Resource at Uzgen Basin metallurgical coal project increases by 40 million t, according to Celsius Coal.

CONSOL Energy has promoted Nicholas J. DeIuliis to the position of President and CEO.

Balamara Resources has received US$ 1 million from a major shareholder, which is will use to fast-track its Polish coking coal project.

The EIA has released its quarterly coal distribution report for the fourth quarter of 2013.