Russell: Robust China coal demand amid Australia import ban fuels price rally

Finance Minister says indemnification would stay in place even if Kinder Morgan walks away.

China’s thirst for energy is roiling markets in Europe, jolting the outlook for coal-hungry utilities as they struggle to cope with tighter pollution and environmental rules.

As demand for coal in the U.S. declines, miners depend increasingly on overseas markets.

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

Vancouver-based Strongbow Exploration expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which will use to study the feasibility of resuming production at the South Crofty tin mine in Cornwall.

The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.

One man is still missing at the Zofiowka mine in southern Poland.

India's rising coal imports are contributing to higher demand across Asia this year.

Majority of scientists classify nuclear as a sustainable and safe energy source, along with other renewables.