Coal Stocks News

Residents Worry Coal Mine Will Undo Clean Water Efforts

February 24, 2018 / Coal mining news

Coshocton-based Oxford Mining and Buckingham Coal Co., which operates an underground coal mine in Glouster not far from Oxford's proposed surface mine, both are owned by Colorado-based Westmoreland Coal Co. Oxford Mining did not return a voicemail and an email from The Dispatch seeking

Meghalaya Assembly Elections 2018: Coal mining ban big issue

Feb. 23, 2018 / Coal mining news

Meghalaya Assembly Elections 2018: Coal mining ban big issue. In the poll-bound Meghalaya,

Canary in coal mine: on making coal mining private

February 23, 2018 / Coal mining news

Forty-five years after India nationalised its coal-mining industry, the Central government has allowed the re-entry of commercial mining firms into the sector, turning the clock back. India's coal industry was predominantly driven by the private sector after Independence until the Indira Gandhi government

India opens up coal mining to private sector

February 22, 2018 / Coal mining news

Under an auction system announced this week, the business that offers the highest sum per ton of coal to the state where a mine is located will win the mining rights. No restrictions will be placed on where the coal is sold or how it is used. Coal is a key energy source in India, where 70% of electricity comes

Gupta coal mines in business rescue: report

February 22, 2018 / Coal mining news

Optimum consists of three major assets, Optimum mine, which supplies Hendrina power station; Koornfontein mine, which supplies Komati power station; and a six-million-ton coal export allocation at the Richard's Bay coal terminal. In August, the Guptas announced plans to sell these assets to an opaque

Fatality at Raleigh County coal mine Wednesday

February 22, 2018 / Coal mining news

James A. Whitlock, 38, of Smithers, was killed while performing electrical work on a highwall miner. Whitlock was a highwall mine operator for Bundy Auger Mining, Inc. The Office of Miners' Health, Safety and Training says that the accident happened at the Pocahontas Coal Company's Devils Fork 2

Athens County residents worry new coal mine will undo efforts to ...

February 23, 2018 / Coal mining news

GLOUSTER - As years of work to cleanse southeastern Ohio's Sunday Creek of acid mine drainage from old coal mines start to produce cleaner water and more fish species, a new coal mine is proposed to open in the region. The prospect of a new mine opening while work is underway to clean up years

Coal Consumers Association welcome move to open up coal mining ...

February 23, 2018 / Coal mining news

India Today reported that Coal Consumers Association of India welcomed the Centres move to open up the coal sector for commercial mining by private parties. The association said in a statement that coal production is likely to be increased in the coming years transforming to a competitive market scenario

Tanzania: Kiwira Coal Mine to Be Reopened

February 22, 2018 / Coal mining news

THE government has pledged to reopen Kiwira Coal Mine that once offered immense opportunities and benefits to Lema and Kapeta villagers in Ileje District, Songwe Region. The operations at the coal mine Kiwira were shut down in 2012 and all the 400 workers laid off. Minerals Deputy Minister Dotto

Cash-rich global miners eye India as coal sector opens up for ...

February 21, 2018 / Coal mining news

India's decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign giants such as BHP, Rio Tinto, Anglo American and Glencore, currently swimming in cash. According to online trading firm Angel Broking, the new guidelines - aimed

Unions flay privatising coal mines

February 21, 2018 / Coal mining news

The Centre of Indian Trade Unions has opposed the government decision to open the coal sector for commercial mining by private players. A CITU statement said the opening up of the coal mining sector for unhindered exploitation by private companies without any restriction on pricing and end-use will

A big leap: Opening up coal mining for private sector is historic, now ...

February 22, 2018 / Coal mining news

The Narendra Modi government announced on Tuesday that commercial coal mining has been opened up for private sector participation. Almost 45 years after coal mining was nationalised, this opens the door for standalone mining companies to re-enter. This is an important step. Most areas of economic

Protesting workers shut down Guptas coal mine

February 22, 2018 / Coal mining news

Hundreds of members of the National Union of Mineworkers (NUM) marched on Wednesday at the Optimum Coal mine, owned by the controversial Gupta family, to express their concerns about its viability. SA's main commercial banks have cut ties with the Guptas, citing reputational risk. The National

Adani may sell stake in Carmichael coal mine amid funding delay

February 22, 2018 / Coal mining news

SYDNEY - The battle to build one of the world's biggest coal mines has suffered a fresh setback after Adani Enterprises conceded it would fail to meet a March deadline to arrange A$3-billion in financing for the project. The December decision by the Queensland government to veto Adani's A$900-million

'We can't support our families' - anger mounts as workers at Gupta ...

Feb. 21, 2018 / Coal mining news

Middelburg - Mineworkers at the Gupta-owned Optimum Coal Mine in Mpumalanga downed tools on Wednesday over the uncertainty of their jobs and the future of the mine. A large group of striking mineworkers gathered at the main gate of the mine early on Wednesday morning. Many of them were still

Centre opens up commercial coal mining to private firms

February 20, 2018 / Coal mining news

The Cabinet committee on economic affairs approved the methodology for auctioning coal mines and blocks to private miners, unshackling the sector from the nationalisation of 1973. The opening up of commercial coal mining to the private sector is the most ambitious coal sector reform since the

Coal India To Lose Monopoly As India Opens Coal Mining To ...

February 20, 2018 / Coal mining news

India will allow private and foreign companies to bid for coal mines without any end-use or price restrictions as the government cleared new auction guidelines to boost supply of the fossil fuel that powers over three-quarters of the nation's electricity capacity. The Cabinet Committee of Economic Affairs

Trump Has Done Nothing To Save Coal, Bush Environmental Czar ...

February 21, 2018 / Coal mining news

"The only way to save the coal industry is for there to be certainty around the emissions profile, for there to be clarity as to the methods by which you can properly permit and insure environmental health and safety controls on coal mining operations in America, and then-with some very important

Opinion: HD Mining allowed temporary foreign workers while ...

February 20, 2018 / Coal mining news

So the question now is - why would the Liberal federal government accept a plan to employ hundreds of Temporary Foreign Workers at a British Columbia mine when many experienced Canadian coal miners are looking for work? The HD Mining excuse that "longwall mining" is significantly different than

Govt clears opening coal mining to private firms

February 20, 2018 / Coal mining news

The government today approved opening up of coal mining to the private sector for commercial use, a major reform in the sector since its nationalisation in 1973. Announcing the decision taken by the CCEA, Coal and Railways Minister Piyush Goyal said the reform is expected to bring efficiency in the coal

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