With players from the US and China seeking stakes in the Australian coal mining industry, Whitehaven Coal, an independent coal producer in the Gunnedah Basin, has put itself up for sale, announcing a formal process to identify potential buyers that will offer best interest to all share holders.
Adani has won a bid to develop and mine coal from the Chendipada coal block in Orissa, India.
According to Wood Mackenzie, a consultancy, Indonesia is well place to benefit for potential coal upgrading technologies, as low rank coal projects will achieve higher operating margins and increased market opportunities through an upgraded product. This means Indonesia will be competitive with bituminous coal producing countries, as well as increasing its commercial attractiveness for investors.
Massey Energy posts a loss in Q3, blaming it on production losses caused by the actions of the Mine Safety and Health Administration.
A new underground coal mine is to be opened in Hamilton County, Illinois, creating approximately 300 construction jobs and 350 permanent jobs.
Demand for met coal has prompted United Coal to reopen the Affinity mine in West Virginia, which has been closed since 1985.
After detecting traces of BTEX around eight coal seam gas wells in southern Queensland, Australia, Origin Energy has suspended drilling operations until it can find the source of the contamination.
E.ON has announced it is canceling plans to build the UK's first commercial CCS coal-fired plant at Kingsnorth in Kent.
Alexander A. Ignatov, Ignatov & Co. Group, Russia, examines the major players competing in mine privatisation, following the Ukrainian Government’s planned reorganisation of the coal market
According to reports, 1355 small coal mines were shutdown in the first three quarters of this year as part of efforts to restructure China’s mining industry.
The Mining Association of BC has congratulated the international rescue team, which freed the 33 miners stuck underground in Chile.
OKK Koksovny a.s. (OKK), Europe’s largest producer of foundry coke and subsidiary of New World Resources N.V. (NWR), a leading hard coal and coke producer, has commenced trial operations at its new coke battery at the Svoboda coking plant in Ostrava, the Czech Republic.
New Zealand coal miner, Solid Energy, will recommence exploration drilling in the Croyden coalfield, Southland, to increase its understanding of the lignite resources located there. The programme of drilling will provide information to help the miner make decisions about how to mine the lignite to meet the quantity and quality requirements for its various lignite conversion projects.
Under new regulations, China’s mine managers are now required to accompany their workers underground. Failure to do so will result in hefty fines.
Air Liquide have joined the FutureGen 2.0 project to build an oxy-combustion coal fired plant with CCS technology incorporated.