Coal Top Stories

Luxembourg shoots for the stars, invests $28 million in Planetary Resources

The funding, which includes direct investment and grants, aims to…

Coal price rally bypassing US miners

As seaborne coking (up 227% year-to-date) and thermal coal (up…

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Coal or koalas? Australia’s new dilemma

When Singapore-based OGL Resources Limited (ASX:OGL) announced its plans to reopen the Ebenezer Coal Mine west of Brisbane next year, little did it know that koala lovers would take them to the Supreme Court.

Thermal coal miner Ambre plans Australian public offer

It is reported that thermal coal miner and exporter Ambre Energy is running a beauty parade of advisors for an initial public offering on the Australian Securities Exchange slated for May or June of 2012. Mr Edek Choros chief executive of Ambre said th...

With mining sector in pits, GDP growth to take big hit

An unprecedented crackdown on corruption in India's mining industry, led by the Supreme Court and state-level agencies such as Karnataka's Lokayukta, coupled with rigorous enforcement of environmental norms is resulting in collateral damage to the economy, with plunging mining output leading to a fall in industrial production and GDP growth.