Coal Stocks News

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

Polish miner dies in Czech coal mine

January 30, 2018 / Coal mining news

Karvina, North Moravia, Jan 29 (CTK) - A Polish miner died in an accident during the transport of the employees in a coal mine on Monday, Ivo Celechovsky, spokesman for the OKD mining company, has told journalists. When it was found out that he did not arrive along with a group of miners to the

Coal mining deaths surge in 2017 after hitting record low the year prior

Jan. 2, 2018 / Coal mining news

Coal mining deaths surged in the US in 2017, one year after they hit a record low. The nation's coal mines recorded 15 deaths last year, including eight in West Virginia. That is nearly double the death toll in 2016, when eight people died in coal mining incidents. West Virginia has led the nation in coal

Is It Time To Buy Yanzhou Coal Mining Company Limited (HKG ...

January 29, 2018 / Coal mining news

Yanzhou Coal Mining Company Limited (SEHK:1171) is currently trading at a trailing P/E of 9.2x, which is lower than the industry average of 11.5x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change

Cape Breton coal miners chorus seeking new voices

January 27, 2018 / Coal mining news

After half a century of song, the 'Men of the Deeps' musical group says it's committed to discovering new members, but finding it challenging. The iconic singing coal miners are based in New Waterford, N.S. The singers are currently searching for four new members, but say the choristers require at least two

Trump Says He 'Saved Coal,' But Miner Deaths Nearly Doubled In ...

January 27, 2018 / Coal mining news

Coal miner Rodney Osborne was towards the end of a double shift at the Gateway Eagle Mine in West Virginia in June when the 32-year-old was crushed to death by a rotating drill. A subsequent investigation revealed that Osborne, who had been working at the Boone County mine for just five months, had

Alcoa seeks to move coal mining expansion forward

January 28, 2018 / Coal mining news

NEWBURGH, Ind - Alcoa is asking a judge to prevent the City of Boonville from enforcing a recently passed ordinance that restricts mining activities. The Boonville ordinance bans mining for coal, gas, oil or other minerals within Boonville or areas within three miles of the city. It further forbids "blasting or

​Teck says Elkview coal mine dryer out for up to six weeks after ...

Jan. 25, 2018 / Coal mining news

TO) says it will take four to six weeks to repair damage at its coal drying complex at its Elkview mine in B.C. following a "significant pressure event" earlier this month. The incident was described by a union executive as an explosion that workers said resulted in a "fireball" shooting through vents in the sides

Small-cap focus: UK coal miners move in new directions

January 26, 2018 / Coal mining news

In 2017 Britain generated more electricity from renewable and nuclear energy than from gas and coal for the first time. Fossil fuels are in decline and coal's share of the electricity mix has dropped to less than 7 per cent, according to recent estimates from Carbon Brief, a website that monitors climate change

More than 30 years after it was diverted to a mine's boundaries, the ...

January 27, 2018 / Coal mining news

The Goulburn River Diversion - its name since 1981 when one of Australia's richest men, mining magnate Brian Flannery, was Ulan's project manager - is a long way from most places, but it is also a rallying cry for environment and community groups concerned about the legacy of Hunter coal mining on

No one will fund the only technology that can save the US coal ...

January 25, 2018 / Coal mining news

Moody's Investor Service predicts that the US coal industry will continue a "sharp decline." That is, unless carbon capture and storage (CCS) is deployed. The technology involves capturing carbon emissions from power plants (and other producers), and then burying the emissions underground. Through

​Teck says Elkview coal mine dryer out for up to six weeks after ...

January 25, 2018 / Coal mining news

TO) says it will take four to six weeks to repair damage at its coal drying complex at its Elkview mine in B.C. following a "significant pressure event" earlier this month. The incident was described by a union executive as an explosion that workers said resulted in a "fireball" shooting through vents in the sides

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok