Coal Top Stories

This is what a broad-based metals and mining rally looks like

CHART: The gold price may grab headlines, but coal's rally…

Anglo American declines merger offer from Vedanta

Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several…

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Three miners trapped underground after landslide at Russian coal mine

Three miners have been trapped underground as as a result of a landslide that occurred at a coal mine in Russia's republic of Komi on Saturday, emergencies services said. Seventy miners out of the 73 who were working at the Severnaya mine when the landslide occurred at around 6 pm local time (14:00 GMT) during a shift change. The three trapped miners are alive, an emergencies services official said. "Rescuers have established connection with one of the trapped miners," he said. "We know for sure that he is alive. He made it clear by rapping that his two colleagues are also alive."

Gloucester Coal completes two acquisitions

Gloucester Coal has completed two acquisitions designed to create a leading Australian coal miner worth about $2 billion. Gloucester said it had completed the purchase of Donaldson Coal Holdings, which owns three NSW coal mines, from Asian commodities trader Noble Group.

Fortune Minerals, POSCO form coal JV in BC

A Canadian coal junior has teamed up with one of the world's largest steel producers to move the Mount Klappan Metallurgical Coal Project in northern British Columbia into production. Fortune Minerals said yesterday that it has formed a joint venture with POSCO Klappan Coal Ltd. and POSCO Canada Ltd. (POSCAN) — a subsidiary of South Korean steelmaking giant POSCO.

BHP industrial action heats up

Industrial action at BHP Billiton Limited's (ASX:BHP) Queensland mines is heating up as workers fight for more job security and pay rises. According to Fairfax Media more than 400 BHP workers have started strikes at the global miner’s coking coal mines after failed talks between the company and its employees.

Gold, coal and platinum strikes loom across South Africa

Strikes are looming in South Africa's gold and platinum sectors which could threaten global supplies at a time when commodity prices are red hot. South Africa's powerful National Union of Mineworkers (NUM) said on Wednesday wage talks with the country's main gold miners were deadlocked and it was preparing for a strike.