CAPP sees 62% decrease in oil and gas spending for Canada

“We expect August to mark a low point in the current steel output cycle.”

The world’s fourth-biggest coal exporter, Drummond International, had to dramatically cut production in Colombia as a three-weeks strike at Feneco, the main coal railway, continues to affect its operations, said the company.

NSL Consolidated (ASX: NSL) announced Monday it has been formally granted the first of its four thermal coal exploration tenements, EPC 2198, in the Eromanga Basin in southwest Queensland, Australia.

Some of the oldest aboriginal artifacts have been discovered at Rio Tinto's Warkworth coal mine in Australia’s Hunter Valley.

Illinois Governor, Pat Quinn, exercised his veto power late on Friday to reject a bill that would have forced natural gas utilities to acquire synthetic gas at prices double the current market rate for the next 30 years.

Xstrata Coal confirmed Monday it has cut a number of jobs from its coal mining operations in Australia, due to sinking prices for both coking and certain kinds of thermal coal.

Coal India board is likely to approve on Monday the model fuel supply agreement (FSA) to be signed with power firms, with significant changes in the penalty clause for failing to supply to them a minimum 80 per cent quantity of the total fuel contract.

Coal chief executive Peter Freyberg has called the bottom of the thermal coal market, telling investors last week ''we are seeing recovery in the markets''.

The Mexican government halted operations at the coal mines in the northern state of Coahuila on Thursday due to safety issues that have already caused the death of 13 coal miners in the last three weeks.