Coal

Sable Mining Ltd. have commissioned a bankable feasibility study for the Reitkuil coal project in anticipation of fast-tracking the project.

Rescue efforts are underway to free 32 workers who have been trapped following a coal mine explosion in northern Turkey.

The board of MacArthur Coal has rejected the revised, lower takeover bid from Peabody Energy.

Two methane explosions have occurred at the Raspadskaya coal mine in Siberia, trapping miners underground.

Shares in Macarthur Coal have risen, in spite of the threatened resource tax currently being proposed by the Australian government, which has sent other coal companies shares tumbling.

The EPA is proposing to change how coal ash is classified under current waste management law, with a mind to enforcing stricter regulations to limit environmental damage.

Following the announcement on Sunday that a new super tax will be levied on resources, coal seam gas stocks were sent tumbling.

JSW Steel has bought coking mines in West Virginia, USA, to fuel its steel production.

TransAlta is looking at carbon capture and alternative energy sources to phase out its coal-fired plants and reduce emissions.

Coal India Ltd plans to invest up to US$ 1.7 billion to acquire stakes in five foreign coal mines.

Riversdale Mining has officially opened its Benga coal project in Mozambique, with an estimated potential to produce 20 million ROM tpa of coal for more than 25 years. The company has also signed a contract with MCC to cover open pit mining for the first stage of the project.

Icon Energy has signed a memorandum of understanding to supply China with LNG, the move has sparked a massive increase in the company’s share price.

The World Bank has approved a US$ 3.75 billion loan to Eskom, which will be used to complete the 4800 MW Medupi coal-fired power plant in South Africa. The loan will ease the country’s power shortages and help it to achieve a reliable energy supply.

Immense deposits, a reforming president and a thriving democracy continue to outweigh the negatives of investing in Indonesia. This has led to miners boosting thermal coal output to meet demand from Asia’s power companies.

In the worst mining disaster in over 25 years, an explosion at an underground coal mine in West Virginia has killed at least 25 miners.