Coal Stocks News

'Preferential treatment': Rejected coal miner granted unusual legal ...

February 03, 2018 / Coal mining news

Denise Gilbert at her Forbesdale residence near Gloucester, which overlooks the proposed Rocky Hill coal mine, pictured in the background. Photo: Liam Driver. The commission found economic benefits of the Rocky Hill mine with its 220-metre deep pit within a kilometre of homes were outweighed "by the

The Great Coal Mining Jobs Boom Has Been Postponed

February 02, 2018 / Coal mining news

President Donald Trump talked a lot about coal mining during his campaign, and he has kept talking about it since. "We have ended the war on clean coal," he declared in his State of the Union address just this week. I'd take issue with the phrase "clean coal" (more on that later), but it is definitely true that

Interior apologizes after incorrectly saying Obama blocked coal mines

February 02, 2018 / Coal mining news

The Interior Department has apologized after an official incorrectly blamed the Obama administration for blocking approval of two coal mines. Deputy Interior Secretary David Bernhardt wrote a Jan. 28 opinion piece in the Grand Junction, Colo., Daily Sentinel, his hometown paper, lauding the Trump

Thousands protest in Morocco over new coal mine 'martyr'

February 02, 2018 / Coal mining news

Shops stayed shuttered as the crowd accompanied the body of the latest "martyr" of the area's abandoned coal pits, Abderrahman Zakaria, 32, to the cemetery for his funeral. The government said a ministerial delegation would soon visit the region to look into the grievances of local residents. Mass protests

Adani support withdrawal likely as Labor chases left votes in Batman ...

February 03, 2018 / Coal mining news

Resources Minister Matt Canavan has accused Labor of selling out mining jobs. Picture: AAP Image/Mick Tsikas. Mr Shorten, while launching ACTU boss Ged Kearney as the party's candidate in the Victorian seat of Batman, said he had become "increasingly sceptical" about Adani. "The world coal market

Analysis: Perfect storm: China's blizzard exposes flaws in rail, coal ...

February 03, 2018 / Coal mining news

BEIJING: China's worst blizzard this winter exposed a flaw in Beijing's drive to create remote coal mining hubs as it tries to streamline heavy industries and clear the air in populated regions: a lack of railroads to get the fuel to market. Heavy snow storms snarled the world's largest rail network this week,

Pakistan's biggest private-sector firm is betting on a fabled coal mine

February 01, 2018 / Coal mining news

PAKISTAN's enormous mineral wealth has long lain untapped. Since a 1992 geological survey spotted one of the world's largest coal reserves in Thar, a scrubby desert in the southern province of Sindh, prospectors have hardly dug up a lump. Among those to flounder is a national hero. Samar

Eskom sees opportunity for emerging coal miners to improve utility's ...

February 01, 2018 / Coal mining news

CAPE TOWN (miningweekly.com) - State-owned power utility Eskom's demand for about 750-million tonnes of coal between now and about 2040, has seen the utility identify opportunities arising for emerging coal miners in respect of two of its strategic objectives - the security of supply and logistics

Coal Mining Jobs Grew in Trump's First Year in Office—But Here's ...

January 31, 2018 / Coal mining news

In his first State of the Union address late Tuesday, President Donald Trump touted the country's job growth in his first year, the strengthening economy, and-a key part of his campaign-the surprising pop in the coal industry in 2017. "We have ended the war on American energy, and we have ended the

Regulatory relief didn't help coal industry in 2017 and can't save it in ...

January 31, 2018 / Coal mining news

If you want to understand the future of the U.S. coal-mining industry, it's best to start with the growing number of coal-fired electric generating plants that are closing - and then consider why this trend is gaining pace. Since generating plants come in many sizes, the best measure of them is by total amount

Coal India diversification strategy moves ahead

February 01, 2018 / Coal mining news

According to company sources, CIL will comprise of two business verticals, independent of each other, one taking charge of diversified mining and the other continuing to pursue coal mining operations. The separate verticals will ensure that the company does not lose focus on its primary business objective

Trump's perennial “war on coal” claim, fact-checked

Jan. 30, 2018 / Coal mining news

As for coal, mining jobs have crashed from a high of 800,000 workers in the 1920s to about 76,000 today. Meanwhile, coal consumption is falling too. Automation in coal mining and competition from other energy sources like natural gas and renewables have caused the sector's decline; regulations have

Opposition to Queensland's Adani coal mine growing: poll

February 01, 2018 / Coal mining news

A new poll shows opposition to the development of the Adani coal mine in Queensland is growing. According to the Brisbane Times, a ReachTEL poll of 3,312 people this month found 65.1 per cent of Australians opposed or strongly opposed the coal mine. That's a 13.2 per cent rise, up from 51.9 per cent

Prairie positive about Polish coal mining future

January 31, 2018 / Coal mining news

"At Debiensko, we continue to plan our mine site redevelopment programme in a positive market environment with increased coking coal demand from Europe's steel producers coupled with reducing European supply. We welcome the news that the Polish government have officially included the restart of a

Across China: Miners abandon shovels for new careers in coal-rich ...

January 30, 2018 / Coal mining news

TAIYUAN, Jan. 30 (Xinhua) -- With deft clicks of the mouse, Fan Zhihui draws lines, matches colors, and switches between different design programs. After a few minutes, a 3D model of mining equipment appears on his screen. Once a coal miner, Fan has abandoned the shovel and swapped his hard hat

Sumatra's 'tiger descendants' cling to their customs as coal mines ...

January 30, 2018 / Coal mining news

Sekalak village in southern Sumatra lies in one of the last remaining strongholds of the Sumatran tiger, a critically endangered species that the locals revere as both an ancestral spirit and the guardian of the forest. This respect for the tiger has sustained a generations-long pledge to protect the local

Living in the Shadow of Colombia's Largest Coal Mine

January 30, 2018 / Coal mining news

The morning silence is broken by a pounding sound, emanating from a nearby mining pit just a few hundred meters from the community. photo of El Carrejon mine Photo Ynske Boersma El Cerrej??n is among the world's largest coal mines. Communities in La Guajira, one of Colombia's poorest provinces,

M Line Holdings, Inc. Agrees Terms on First Coal Mining Permit ...

January 30, 2018 / Coal mining news

Costa Mesa, CA, Jan. 30, 2018 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the "Company"), announces that its new subsidiary, M Line Coal Development, Inc., has agreed terms to acquire its first coal mining permit. Definitive contracts are expected to be signed very shortly

Anglo American exits South African coal with sale of New Largo mine

January 29, 2018 / Coal mining news

Anglo American (LON:AAL) has officially left the coal sector in South Africa with the sale of its New Largo mine to a group of black-controlled companies. Seriti Resources Pty Ltd., Coalzar Pty Ltd. and South Africa's Industrial Development are paying Corp. are paying $71 million for the asset, Anglo said in

Alcoa Fighting Indiana City's Bid to Limit Coal Mine Plans

January 30, 2018 / Coal mining news

Alcoa Corp. wants a court to block a southwestern Indiana city from enforcing its new local coal mining regulations. Jan. 29, 2018, at 7:32 p.m.. Alcoa Fighting

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