Stay up to date with the latest news and updates from the coal industry.
Aquila Resources has completed the feasibility study for the Washpool coking coal project in the Bowen Basin, Queensland. The project will cost AU$ 320 million to develop and produce 1.6 million tpa of hard rank hard coking coal over a mine life of 25 years.
Riversdale Mining is set to raise AU$337 million to accelerate development of the Benga coal project, as well as explore the company’s other Mozambique tenements. The project has a production target of 20 million tpa by 2013.
GTL Energy has successfully commissioned it’s first coal-upgrading plant in North Dakota, the plant processes low-rank coal to produce low moisture, high energy briquettes.
The US Department of Energy has announced the selection of ten projects aimed at developing advanced technologies for capturing CO2 from coal combustion.
INR will sell its West Virginia coal operations to Cliff Natural resources for US$ 757 million.
July 2010: Kay Sever outlines how Culture Change starts with Management, Not Improvement Teams or Tools
Anglo American plc has announced that it has entered into a conditional agreement to sell its interests in five undeveloped coal assets in Australia for A$580 million (approximately US$500 million) in cash.
Banpu is to acquire Centennial coal for US$ 2 billion.
Following constructive discussions with the mining industry, Australia's newly appointed prime minister, Julia Gillard, has moved to scrap the controversial Resource Super Profits Tax (RSPT), replacing it with a Mineral Resource Rent Tax (MRRT).
National Coal Corp. has started construction of Mine 12, which is expected to produce up to 40,000 t of coal per month when completed.
Xcel Energy has started its demonstration plant to showcase the viability of such a hybrid plant.
Scottish Resources Group it to be listed on the London stock exchange in order to raise capital.