Coal Stocks News

Steel Tariffs May Trip Up Another Industry Trump Loves: Coal

March 05, 2018 / Coal mining news

While tariffs could increase domestic demand for metallurgical coal -- which is used in the steelmaking process -- most of the market for that fuel is abroad. About 75 percent of the coking coal U.S. miners produced in 2017 was sold internationally, with Brazil, Japan and Ukraine being the biggest buyers,

Is commercial coal mining really transformative?

March 04, 2018 / Coal mining news

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the methodology for auction of coal mines for commercial mining. Earlier, the ministry of coal had published a white paper on the policy initiative, which purports to bring in private participation in coal

New commercial mining policy won't end Coal India's monopoly, but ...

March 03, 2018 / Coal mining news

In the past week, the Cabinet Committee on Economic Affairs approved a methodology to auction coal blocks for commercial mining. In the aftermath of the 2014 Supreme Court rulings that declared as illegal and cancelled 214 coal block allocations made between 1993 and 2010, the Coal Mines (Special

Australia takes Rio Tinto to court over Mozambique coal deal

March 02, 2018 / Coal mining news

The mining giant has denied any wrongdoing in a similar case brought by the US Securities and Exchange Commission (SEC), which is seeking fraud charges against Albanese and Elliot, as well as Rio Tinto itself over the same coal deal. At the centre of the US and Australia court cases are assets Rio

New Coal Mines Threaten to Roll Back Hard-Won Environmental ...

March 02, 2018 / Coal mining news

Rural Action, an Appalachian Ohio nonprofit, has spent two decades working to clean up a watershed in Southeastern Ohio polluted by old coal mines. Now, the organization and its supporters are fighting the permitting of a new surface mine proposed by Oxford Mining Co. Rural Action, in partnership with

Coal-rich province approves new mining license after 13 years of ...

March 02, 2018 / Coal mining news

North China's coal-rich Shanxi Province has issued its first mining project license in 13 years following an industry reshuffle to eliminate outdated coal production capacity. The provincial land and resources department said on Thursday that it has given the go-ahead to the Dongda Coal Mine Project

Anglo American concludes sale of three coal mines in South Africa

March 01, 2018 / Coal mining news

Anglo American (LON:AAL) has completed the sale of three Eskom-tied thermal coal operations in South Africa to Seriti Resources, a group of black-controlled companies for R2.3 billion (about $164 million). The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life

Panel to study impact of coalmining on Sydney drinking water

March 02, 2018 / Coal mining news

Coalmining in Sydney's drinking water catchment will be scrutinised by water experts, the New South Wales Department of Planning and Environment has announced. Enviroment groups, which have been warning for years of the impact of coalmining on drinking water welcomed the move but called for a

Coal-rich province approves new mining license after 13 years of ...

March 01, 2018 / Coal mining news

TAIYUAN, March 1 (Xinhua) -- North China's coal-rich Shanxi Province has issued its first mining project license in 13 years following an industry reshuffle to eliminate outdated coal production capacity. The provincial land and resources department said on Thursday that it has given the go-ahead to the

Bill Shorten accused of flip-flopping on Adani coal mine

March 02, 2018 / Coal mining news

Indian mining giant Adani has proposed a $16.5 billion Carmichael coal mine in Queensland's Gallilee Basin. The proposal has sparked legal challenges and widespread protests. In India, Adani has been accused of causing salinity in water supplies and the illegal destruction of mangroves and sand

Commercial coal mining in India: A possible but not irrefutable game ...

March 01, 2018 / Coal mining news

The recent Cabinet decision to open up coal mining to commercial miners, who will now have the freedom to sell coal in the open market, is an interesting development. For decades since its nationalisation, the public sector Coal India Limited (CIL) has dominated coal production in India, producing some

BC arbitrator sets aside random drug and alcohol testing at coal mines

February 28, 2018 / Coal mining news

Once more, the issue of random drug and alcohol testing has come up within an industry where safety sensitive workplaces abound. The industry this time: coal mining. While post incident and reasonable cause testing were introduced and accepted years ago in certain British Columbia coal mines, when

Disused coal mines could help decarbonise our heating. Here's how

February 28, 2018 / Coal mining news

Vast volumes (over 15bn tonnes) of coal have been extracted from deep mines in the UK over the last century. To put this into context, if this extracted coal were spread over the UK land surface, this would result in a five cm deep layer of coal across the country. Today, UK coal production from deep mining

Donkin mine marks one-year anniversary of coal production

Feb. 27, 2018 / Coal mining news

Shamus MacDougall, left, 25, of Donkin, a training miner operator at Donkin mine, chats with Wyatt Scheller, 25, of Lingan, a roof bolt operator, while preparing to get in the personnel carrier with the rest of their crew for transport into the mine, about a 3.5-km under the ocean. The mine celebrated the first

Donkin mine marks first anniversary

March 01, 2018 / Coal mining news

DONKIN - Coal miner Wyatt Scheller has discovered another special commodity underground at Donkin Mine - brotherhood. "We have each other's backs and that's the most important thing," said Wyatt, 25, of Lingan, a roof bolt operator. "It's hard to explain to someone who hasn't been down there but

Donkin mine marks one-year anniversary of coal production

February 28, 2018 / Coal mining news

Shamus MacDougall, left, 25, of Donkin, a training miner operator at Donkin mine, chats with Wyatt Scheller, 25, of Lingan, a roof bolt operator, while preparing to get in the personnel carrier with the rest of their crew for transport into the mine, about a 3.5-km under the ocean. The mine celebrated the first

It's 2018 and black lung disease seems to be on the rise

February 27, 2018 / Coal mining news

You probably realize that inhaling coal dust would be bad for you. But for the people who spend long shifts working in mines to extract the stuff, it's a tangible occupational hazard. Even with protective gear and federal regulations on dust exposures, tiny particles of dust can enter miners' lungs, causing a

Global Coal Mining Industry 2018-2022 with Anglo American, Arch ...

February 27, 2018 / Coal mining news

The global coal mining industry to grow at a CAGR of close to 2% during the period 2018-2022. Global Coal Mining Industry 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the

Miners go back to (business) school

February 27, 2018 / Coal mining news

For his EBMA assignment, Teck Resources engineer Cory Takenaka chose truck productivity. His analysis of the amount of time trucks were not moving materials at Line Creek, a coal mine in southeastern B.C., followed by the introduction of best operating practices, led to a 15-per-cent rise in fleet

For coal miners, it's time to exit or get rich: Russell

February 26, 2018 / Coal mining news

It seems coal miners are adopting one of two disparate strategies, either exit the business in a highly visible way to buff up your climate credentials, or sit tight, keep as quiet as possible and rake in the cash. An example of the public exit from the business is South32, the Perth-based miner spun out of BHP

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