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
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
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
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
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
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
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
"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
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
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
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,
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 (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 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
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 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
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
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
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
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