Coal Stocks News

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

Indian captive coal mines to achieve 105Mt production by 2021

February 19, 2018 / Coal mining news

KOLKATA (miningweekly.com) - Indian coal production from captive blocks allocated to thermal power plants has been estimated at 105-million tons a year by 2021/22, up from about 37-million tons a year at present, according to perspective planning on coal availability by the Power Ministry. To date, 29

Bill Shorten says there's a 'role for coal' and Adani mine just 'another ...

February 19, 2018 / Coal mining news

In Townsville on Monday, Shorten told local reporters there was a role for mining in Australia, and "there is a role for coal in Australia" and he echoed Maher's description of Adani as just "another project". Last week, Maher told Guardian Australia: "I see no reason for Labor to toughen its position. Why win

Coal mining is in my blood but Acland isn't the answer

Feb. 16, 2018 / Coal mining news

There's coal mining in my blood. My grandfather was a miner. But like all things, it has a time and a place. And the plan to expand the Acland coal mine on the Darling Downs, west of Brisbane, is the wrong time and the wrong place. The current mine is already causing us grief. If the expansion were to

Collum Coal Mine pledges to pay school PTA fees for over 400 pupils

February 17, 2018 / Coal mining news

Collum Coal Mining Industry Limited has pledged to offset Parent Teachers Association -PTA- fees for over 400 pupils at Chamukwapula Primary School - Sinazongwe District in an act of corporate social responsibility. Collum Coal Mining Industry Limited Executive Director Charles Dindiwe says he is

Coal mining is in my blood but Acland isn't the answer

February 16, 2018 / Coal mining news

There's coal mining in my blood. My grandfather was a miner. But like all things, it has a time and a place. And the plan to expand the Acland coal mine on the Darling Downs, west of Brisbane, is the wrong time and the wrong place. The current mine is already causing us grief. If the expansion were to

Local roadblocks, so Adani now on worldwide hunt for coal

February 15, 2018 / Coal mining news

Rajendra Singh, chief operating officer of Adani's coal trading business, told Reuters that Asian countries were increasing demand for coal. Queensland Resources Council chief executive Ian Macfarlane said that the Government had a greater interest in chickpeas than mining. He said he has been unable

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