ENERGY

Macarthur Coal to raise $400m for coal deposit acquisition

Tuesday , 24 Aug 2010
The Australian miner says it will raise the money needed to buy a metallurgical coal deposit in Queensland via a share placement

Vedanta-Cairn deal could be tripped up by regulatory issues

Tuesday , 17 Aug 2010
Both Vedanta Resources and analysts do not expect regulatory issues to derail a deal to buy a $9.6bn stake in the Indian firm but, it could be delayed as a result.

AEL deploys largest electronic blast with its DigiShot Plus system at major SA coal mine

Monday , 16 Aug 2010
A trial blast using AEL's DigiShot Plus electronic initiation system has been successfully carried out at one of the country's largest coal mines.

Vedanta to spend as much as $9.6bn on Cairn India

Monday , 16 Aug 2010
The diversified miner is hoping to acquire as much as 60% of the Indian company as a way of branching out into oil and gas

Queensland govt. in talks with coal miners over rail

Tuesday , 10 Aug 2010
A group of coal companies have offered to buy the tracks of its QR National rail business

Alpha Natural Resources says it is assessing strategic growth opportunities

Monday , 09 Aug 2010
The announcement comes hot on the heels of newspaper report that the US coal miner is considering a $2.75bn buyout of Whitehaven Coal

Whitehaven shares jump on reports of US company interest

Monday , 09 Aug 2010
After saying on Aug 5th it was in talks with third parties shares of the Australian miner jumped over 5% on a newspaper report stating that First Reserve and Alpha Natural resources are considering a buyout

Australian coal miners hurt by rain

Friday , 06 Aug 2010
Prolonged rainfall in Hunter Valley region of Australia known for its coal production, has slowed output and could jeopardise shipments of thermal coal

Coal of Africa dismisses legal merits of Vele appeal

Thursday , 05 Aug 2010
The South African miner said it would vigorously defend appeals brought against its Vele mine

Whitehaven Coal shares jump as much as 10% on talks

Thursday , 05 Aug 2010
Speculation as to the nature of the talks with third parties pushed up shares in the Australian coal miner, which is one of the few left with no major strategic investors

Gloucester Coal to sell shares to pay for mine stakes

Wednesday , 04 Aug 2010
The Australian miner is set to announce a share sale in order to pay for stakes in coal mines owned by its main shareholder, the Hong Kong-based Noble Group

Khan Resources shares surge after favourable court ruling

Wednesday , 04 Aug 2010
The miner said Tuesday the Mongolian Administrative court ruled in its favour and invalidated a decision by the Nuclear Energy Agency to cancel its mining licence

India's Adani Enterprise acquires Australian coal assets for $2.7 billion

Tuesday , 03 Aug 2010
The Adani group in India has bought a coal tenement in Queensland's Galilee Basin from Australia's Linc Energy Ltd, to fuel its power generation plans.

Macarthur Coal reports record full year coal sales, despite Q4 decline

Wednesday , 28 Jul 2010
The Australian miner reported a 10.8% drop in Q4 sales but said it finished the year with a record 5.23m tonnes in sales

Macarthur Coal, CITIC resources, call off A$110m coal JV deal

Tuesday , 27 Jul 2010
The two group's have scrapped plans for a coal joint venture after the deal met with resistance from minority shareholders

Coal workers reach two-year agreement after strike at Prodeco's La Jagua mine

Tuesday , 27 Jul 2010
Union officials said Monday, they had ended a five-week walkout after signing a two-year compensation deal at the mine, which has some of Colombia's highest quality coal

House Labor Committee approves Byrd Miner Safety and Health Act

Thursday , 22 Jul 2010
A vote of the entire U.S. House is the next step for the Miner Safety and Health Act of 2010, aimed at toughening mining health and safety regulation enforcement.

Indonesia's biggest state coalminer reports weaker-than-expected H1 results

Thursday , 22 Jul 2010
Bukit Asam said profits slipped 43% in the first half but, said it expected coal output and prices to pick up in the second half

Asian firms have $7bn in Australian coal assets in their sights

Wednesday , 21 Jul 2010
With long-term forecasts calling for greater coal consumption over the next 30 years, companies across Asia are jostling for supplies and valuations of Australian coal miners are being pushed up

Peabody Energy announces better-than-expected Q2 numbers

Tuesday , 20 Jul 2010
The coal miner said demand for steel-making coal drove higher sales from its Australian mines.

Opinion: Batteries are the shocking truth about electric cars

Tuesday , 20 Jul 2010
New lithium-ion battery technology is still far away from providing commercial, and consumer-acceptable electric automobiles

Four Chinese coal mine accidents kill 40, trap 11 underground

Monday , 19 Jul 2010
Four separate coal mining accidents, which killed at least 40 people in China over the weekend, again called attention to one of the world's worst mining safety records,

Clive Palmer to build new coal loading facility in Queensland

Monday , 12 Jul 2010
According to an Australian newspaper, the mining magnate intends to build his own facility after two sites at Abbot Point were allocated to BHP

Cleaning up Powder River Basin coal emissions

Friday , 09 Jul 2010
Arch Coal licenses ADA-ES technology to clean up PRB coal emissions

South African coal exports to China on the rise again

Friday , 09 Jul 2010
Competitive freight rates and prices have re-opened the Chinese market to South African coal exports

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