State-run Korea Resources Corp. (KORES) is planning to invest at least US$532 million (600 billion won) in mining projects abroad this yea, particularly in the coal sector of Indonesia and North America, reports Bloomberg.
Business Insider profiles Williston, North Dakota, a town that is booming due to the North American oil rush, but suddenly the town finds that it has very few women due to an inflow of men rushing in to fill heavy industrial jobs.
A federal judge said Wednesday he was outraged over a plea deal that settles criminal charges against the operator of a Utah coal mine that experienced two lethal cave-ins in 2007 that killed nine people.
UK Coal's (LON:UKC) shares plunged by more than 28% in late afternoon trading after it revealed it was considering closing a coal mine in Warwickshire.
Japanese JX Nippon Oil & Energy acquired a 25% of diversified miner Xstrata Coal operations in Western Canada for US$435 million, creating a joint venture that will build the business and market coal in Japan.