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...
The Coal India Ltd headquarters at Kolkata. (file photo) – A. Roy Chowdhury Co says gross calorific value-based system to be ‘revenue neutral' Coal India Ltd is believed to be gearing up to introduce the internationally-accepted gross calorific...
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.
The discovery of a massive new coal reserve in Xinjiang Uygur is hoped will help meet China's coal requirements, which are set to grow to 1 gigaton during the 12th 5-year plan.
Tens of thousands of residents from Haimen, China, who protested the construction of a coal-fired power plant earlier this week, are now being arrested.
Peabody Energy (NYSE: BTU) today announced that it has completed the acquisition of all outstanding shares in Macarthur Coal Limited and holds 100 percent of the company.
According to a source close to the deal, Chinese-controlled Yancoal Australia has approached Gloucester Coal with a plan to merge their neighbouring coal assets in Australia.