Tiaro Defines Coal Targets
Tiaro Coal (ASX:TCM) announced it has determined targets for metallurgical coal at its Tiaro Coal Measures tenements.Continue reading...
View ArticleBC Issues Mining Licenses for Cardero’s Carbon Creek Project
Cardero Resource Corp. (TSX:CDU,AMEX:CDY,FWB:CR5) announced it has been issued four mining licenses for its British Columbia-based Carbon Creek Metallurgical Coal project.Continue reading...
View ArticleHunting for Takeover Targets in Canada’s Peace River Coalfield
A look at why this up-and-coming coal region is attracting the attention of major multinational mining companies — and how coal investors can profit.Continue reading...
View ArticleXstrata Chief Sees Coal Rebounding in 2013
Problems for the coal sector continue, stemming from a supply glut and reduced demand in key consuming markets. However, the head of the world's largest thermal coal exporter says the bottom of the...
View ArticleMetallurgical Coal Prices Could See 25 Percent Price Drop: Japan
Reuters reported the prices of metallurgical coal, used for steel and metals-making furnaces, could drop by close to 25%, as the fuel nears its cheapest prices in 3 years. Japanese buyers are likely to...
View ArticleAlpha Natural Resources Idles Eight Mines as Part of Repositioning Plan
Alpha Natural Resources Inc. (NYSE:ANR) announced plans for a strategic repositioning of its operations, one component of which is the immediate idling of eight mines located in Virginia, West Virginia...
View ArticleFortune Minerals Starts Summer Field Program at Arctos
Fortune Minerals Ltd. (TSX:FT,OTCQX:FTMDF) announced that it has begun a summer field program at its Arctos anthracite joint venture, which it describes as one of the world's premier metallurgical coal...
View ArticleBHP and Mitsubishi Open Daunia Metallurgical Coal Mine
BHP Billiton Ltd. (ASX:BHP,LSE:BLT,NYSE:BHP) announced the opening of its Daunia mine, its ninth operating metallurgical coal mine in Central Queensland. Mitsubishi Corp. (TSE:8058) is BHP's operating...
View ArticleAlpha Natural Resources Idles Laurel Mountain Mine
Mineweb reported that Alpha Natural Resource Inc. (NYSE:ANR) has idled the Virginia-based, underground Laurel Mountain mine, which produced metallurgical coal. Continue reading...
View ArticleCoal 101: The 4 Types of Coal and Their Uses
There are four main types of coal: lignite, sub-bituminous, bituminous and anthracite. Here's a look at their characteristics and uses. Continue reading...
View ArticleCoal 101: An Overview of Bituminous Coal
There are two types of metallurgical coal, thermal and metallurgical. Here's a look at what they are used for, where they are mined and which companies are mining them. Continue reading...
View Article“Met Coal” Could Be Reaching a Cyclical Low
Henry Bonner of Sprott Global Resource Investments takes a look at the metallurgical coal market. He cites Sprott Resource CEO Steve Yuzpe as saying that the commodity is cheap and due to...
View ArticleMetallurgical Coal Falls to Decade Low Levels
Mining.com reported that Metallurgical coal has fallen to levels not seen since 2004. Continue reading...
View ArticleSaskpower Launches Carbon Capture Test Facility
The Regina Leader-Post reported that SaskPower has opened a new $70 million carbon capture test facility at its carbon capture plant. As quoted in the publication: MHPS will be the facility’s first...
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SouthGobi Resources Announces Extension of TSX Delisting Review, Progress on...
SouthGobi Resources (TSX:SGQ) provided an update regarding progress on its funding plan to meet its obligations. It also announced an extension of its Toronto Stock Exchange delisting review to permit...
View ArticleKameron Collieries to Reopen Massive Coal Mine in Canada’s Nova Scotia
Mining.com reported that Kameron Collieries, a subsidiary of U.S.-based giant Cline Group, would soon be reopening the coal mine in Canada’s Nova Scotia, a project that it acquired from Glencore and...
View ArticleGlencore to Pay Third Party to Market Coal
The Sydney Morning Herald reported that Glencore (LSE:GLEN) would pay a third-party, within its global chain, a fee to market and distribute its coal as it moves to close its Singapore office. As...
View ArticleSNL Energy Analysis Shows 16 Central Appalachia Counties Worst Affected in...
Mining.com reported that an SNL Energy analysis of coal mine employment data from the U.S. Mine Safety and Health Administration showed that the sixteen counties hit hardest by coal mine employment...
View ArticleMoody’s Downgrades Peabody Energy as Met Coal Prices Continue to Decline
Mining Weekly reported that Peabody Energy (NYSE:BTU) has been downgraded by Moody’s in light of the persistently poor outlook for metallurgical coal prices. As quoted in the publication: Moody’s...
View ArticleFirst Concept Logistics Serves Notice of Arbitration on SouthGobi Sands
SouthGobi Resources Ltd. (TSX:SGQ) announced that First Concept Logistics Limited had served a notice of arbitration on SouthGobi Sands LLC with respect to the alleged breach of a coal supply...
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