Coal Top Stories

Glencore becomes sole owner of Newlands, Collinsville coal mines in Australia

After buying ought out its two Japanese partners, Itochu Corp…

Giant Australian coal mine near Reef one step closer

Indian conglomerate's $16 billion Carmichael coal mine in Queensland clears…

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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.