The latest COAL news on the web |
Mining News: COALWaratah’s plan for new big export coal mine stumbleWaratah Coal planned to build a new 25 Mt/y mine on its Galilee Basin tenements, which have an Inferred thermal coal resource of more than 4,300 Mt. However, Australia’s Federal Environment Minister Peter Garrett has rejected the plans for the mine, railway and port in central Queensland. He refused the plans under the Environment Protection and Biodiversity Conservation Act [...] RBCT[miningmx.com] — AN accident that derailed 42 trucks on the railway line supplying coal to the Richards Bay Coal Terminal (RBCT) resulted in delays in deliveries since Thursday night, Business Report said. One line has been reopened at the weekend and Coalcorp Provides Strategic Plan Update and Announces 2008 Year End Results TORONTO, Sept. 4 /CNW/ - Coalcorp Mining Inc. (TSX-CCJ) announced today ExxaroDiversified South African-based resources group Resources has commissioned its new Inyanda coal mine which is currently ramping-up to produce 1.5 million tonnes/year of A-grade thermal coal for the export market, reported I-Net Bridge. The open cast Kerry Associates, Inc. Enters Into Negotiations with Aquarian Gold Corp. on Behalf of W2 Energy, Inc.BOSTON–(BUSINESS WIRE)–Kerry Associates, Inc. announces they have entered into negotiations with Aquarian Gold Corp. (PINKSHEETS: AQGC - News) on behalf of W2 Energy, Inc. (PINKSHEETS: WTWO - News) for W2 Energy?s CTL (Coal to Liquid) technology. Kerry Associates, Inc. Enters Into Negotiations with Aquarian Gold Corp. on Behalf of W2 Energy, Inc.BOSTON (Business Wire) — Kerry Associates, Inc. announces they have entered into negotiations with Aquarian Gold Corp. (PINKSHEETS: AQGC) on behalf of W2 Energy, Inc. (PINKSHEETS: WTWO) for W2 Energy’s CTL (Coal to Liquid) technology. Aquarian is China intends to implement strategic coal reserve by 2015With two strategic oil reserves now in operations in Zhejiang Province, the Chinese government now aims to create a strategic coal reserve to get a handle on soaring coal prices. MSHA seeks criminal charges in Crandall Canyon coal mine disasterLittle more than a year after nine men ultimately perished in a disaster in a Utah coal mine, MSHA has finally decided to seek criminal charges against mine operator Genwal Resources. Western Canadian Coal to hold Annual General Meeting VANCOUVER, Sept. 3 /CNW/ - Western Canadian Coal Corp. (TSX: WTN, WTN.DB Keaton[miningmx.com] — COAL junior, Keaton Mining, has been granted a mining permit for its Klipfontein Project in South Africa’s Mpumalanga province, said I-Net Bridge citing an announcement by Keaton Energy Holdings. ‘Opencast mining is scheduled to begin Teck Cominco gets U.S. OK to buy FordingWASHINGTON (Reuters) - Teck Cominco Ltd has received approval from U.S. antitrust authorities to buy Fording Canadian Coal Trust , the Federal Trade Commission said on Wednesday. Teck Cominco, a major zinc producer which is trying to diversify, said in Teck Cominco gets U.S. OK to buy FordingWASHINGTON (Reuters) - Teck Cominco Ltd has received approval from U.S. antitrust authorities to buy Fording Canadian Coal Trust , the Federal Trade Commission said on Wednesday. Teck Cominco, a major zinc producer which is trying to diversify, said in SamrocSA Mineral Resources Corporation ( ) plans to spin off its Pioneer Coal division and list it on the JSE, said Business Day, a newspaper. Pioneer will hold mineral exploration rights in the north and east of the country, the Pretoria-based company said in ZCI offers shareholders easy exit, plots new investment strategyBermuda-based Zambia Copper Investments (ZCI), which sold its stake in Zambian copper miner Konkola Copper Mines to India\’s Vedanta Resources in April this year, unveiled plans on Tuesday to transform itself into a mining investment company, focused on coal, uranium and base metals in subSaharan Africa. However, it will first give shareholders the option to sell their shares to the company and, if more than 78% of the shares are returned, then ZCI, which is currently classified as a cash shell by the JSE, will instead seek voluntary liquidation. Dangerous small coal mines in Mexico asked to boost outputTraditional small scale coal mining in Mexico is, historically, a very dangerous business, yet the state electricity commission has asked for a 50 percent production increase stretching the mines to their limits. Xstrata boosts coal contract prices for Japanese by 125%Xstrata is offering its thermal coal contract to Japanese utilities priced at $175 per tonne, a 125% rise on last year’s price. Diversified miner ARM profits rise on strong metals and coal prices. Positive outlook.High prices achieved for platinum group metals, manganese, chrome and thermal coal led o a substantial earnings increase for African Rainbow Minerals, now one of South Africa’s most important mining companies. RiversdaleAUSTRALIA’s Mining has submitted a mining study for an open cast coal mine at Benga in the western Mozambican province of Tete, Reuters reported. If accepted by the government, the study would be the basis for granting Riversdale a mining concession at UPDATE 1-Xstrata offers coal contracts to Japanese at $175/tExtract not available. Essar eyes iron ore, coal mines abroadExtract not available. |
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