Yancoal fresh loss casts doubts on planned acquisition of Rio’s mines
Industry observers believe Yancoal will face several challenges when trying to complete a $2bn equity issue to finance the acquisition of Rio’s coal mines in the Hunter Valley.
Greenpeace recently published a new ad on YouTube that takes a swipe at Apple's reliance on coal to power its cloud computing services, however the environmental organization may have goofed when compiling its figures.
GigaOMtech predicts that the solar sector will do very well in India because the government is heavily involved in the coal and the oil and gas sector.
There has been a significant paradigm shift in public activism in Canada and a growing hostility toward mining and dogmatic opposition by environmentalists and social action groups toward virtually all mining and energy projects.
Fourteen months after being halted by the South African departments of water and environment, Coal of Africa's Vele mine has begun shipping its first coal.
"What is new is the growing awareness of its implications for our nation, particularly in a highly competitive world economy in which the demand for minerals continues to grow, especially in fast growing economies led by China and India."
Australian miner Xstrata Coal is pulling out of the Donkin Mine project, which promised to employ as many as 300 people in Cape Breton, Eastern Canada, by 2014.