Coal Stocks News

Church torn down in Germany to make way for open pit coal mine

January 10, 2018 / Coal mining news

Open pit coal mines have become a major political issue in Germany, which still relies on coal for about 40 percent of its energy needs despite pledges to move to cleaner energy sources to meet climate change commitments. Some 25 percent of energy needs are met by power plants fired by high-polluting

Coal mining executive blasts US regulators for rejecting subsidies

January 09, 2018 / Coal mining news

WASHINGTON, Jan 9 (Reuters) - Robert Murray, the chief executive one of America's largest coal mining companies, criticized U.S. regulators on Tuesday for rejecting the Trump administration's proposed subsidies for aging coal and nuclear power plants - saying the decision could lead to higher electricity

Coal mining has deep history in Southern Illinois

January 09, 2018 / Coal mining news

The first mine appeared near Peoria not long after, but it wasn't until 1830, when coal from Belleville found a market in nearby St. Louis, that the industry took off, according to Keith Weil and Alvin K. Grandys, who wrote the 1976 Illinois Coal Digest, a publication from the Illinois Department of Business and

COAL: Grande Cache mine to reopen

January 08, 2018 / Coal mining news

ALBERTA - The soon-to-be new owner of the Grande Cache metallurgical coal mine northwest of Edmonton says they want to reopen it. The previous operator was forced into

Elkford opposing proposed coal mine

January 08, 2018 / Coal mining news

Additionally, the company must get its ducks in a row, McKerracher told the Regional District of East Kootenay (RDEK) board of directors Jan. 5. "On the principle of the whole operation my council chose not to support the project. We support coal mines, absolutely," he said, but the Bingay project has been

Coal mining has deep history in Southern Illinois

January 08, 2018 / Coal mining news

The first mine appeared near Peoria not long after, but it wasn't until 1830, when coal from Belleville found a market in nearby St. Louis, that the industry took off, according to Keith Weil and Alvin K. Grandys, who wrote the 1976 Illinois Coal Digest, a publication from the Illinois Department of Business and

Trump administration's plan to boost coal, nuclear power rejected

January 09, 2018 / Coal mining news

The Republican-controlled Federal Energy Regulatory Commission or FERC unexpectedly and unanimously rejected Energy Secretary Rick Perry's plan to boost nuclear plants and slow down the closure of coal-powered plants. According to Perry, the US' power grid would become vulnerable if more

Mpumalanga communities get 16.1% stake in Nkomati coal mine

January 08, 2018 / Coal mining news

Nelspruit - Rural communities in Mpumalanga have been granted a 16.1% stake in a coal mine following a ground-breaking agreement reached after Sentula Mining secured a R151 million loan from the Industrial Development Corporation (IDC). The agreement will put an end to tensions between the

Bulgarian coal mine Troyanovo-1 posts highest ever output in 2017

January 09, 2018 / Coal mining news

SOFIA (Bulgaria), January 8 (SeeNews) - Bulgarian coal mine Troyanovo-1 recorded an output of 13.2 million tonnes in 2017, the highest in the mine's 65-year history, its operator, state-owned Mini Maritsa Iztok company, said. The mine's 2017 production plan envisaged an output of 11.4 million tonnes of

Coal mine to re-open in Canada, another closes in US

January 08, 2018 / Coal mining news

As one hand giveth, the other taketh away. Without getting too biblical, it appears that North American coal mining took a step forward in Canada last week but one foot back south of the border at the same time. The small community of Grand Cache, Alberta, was feeling optimistic going into the new year on

Coal mining has a deep history in Southern Illinois

January 08, 2018 / Coal mining news

The first mine appeared near Peoria not long after, but it wasn't until 1830, when coal from Belleville found a market in nearby St. Louis, that the industry took off, according to Keith Weil and Alvin K. Grandys, who wrote the 1976 Illinois Coal Digest, a publication from the Illinois Department of Business and

Pennsylvania Coal Mine To Close

January 07, 2018 / Coal mining news

It was announced this past week that a coal mine - the 4 West Mine - in southwestern Pennsylvania will close. It's another blow to the coal industry, which President Trump has promised to revive. Mepco, the company that owns 4 West, said it would be shutting down the Greene County mine because it had

Glencore sells Australian coal mine to Gupta's GFG Alliance

January 08, 2018 / Coal mining news

SYDNEY - Glencore has agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance for an undisclosed sum, the two companies said separately on Tuesday. The acquisition follows Gupta's purchase last year of the financially troubled

China aims to create giant coal mining firms

January 08, 2018 / Coal mining news

Nasdaq reported that China said it plans to create several "super-large" coal mining companies by the end of 2020 as one of the world's top

Coal mining saw 2017 boost but long-term outlook still shaky

January 06, 2018 / Coal mining news

(AP) - Coal companies in the United States boosted production of the fuel in 2017 to reverse a two-year decline. The U.S. Energy Information Administration said Thursday that companies mined 771 million tons of coal through Dec. 30, a 6 percent increase versus 2016. Wyoming, the largest coal state, saw

Coal dwarfs battery metals in mining deals despite war on pollution

Jan. 5, 2018 / Coal mining news

Steel-making, which uses iron ore and coking coal, accounts for an estimated seven percent of industrial direct CO2 emissions, industry figures show. For the mining sector, the minerals offer an established way of making money when ultra-low official interest rates mean relatively cheap funding is available

Coal mining deaths rise after record low in 2016

Jan. 3, 2018 / Coal mining news

Coal mining deaths in the U.S. nearly doubled last year, after a record low in 2016, according to data from the Mine Safety and Health Administration. There were 15 people killed in coal mining jobs in 2017 versus eight in 2016. Despite the increase, mining deaths have been steadily declining for several

Coal dwarfs battery metals in mining deals despite war on pollution

January 05, 2018 / Coal mining news

While the biggest deal was in Brazil, China was a top player despite planning to reduce domestic coal and steel-making to tackle smog in its cities. Elsewhere, miners haunted by the overpriced mega-purchases they made before the commodities crash of 2015 hesitated on deals involving the metals

Coal mining saw 2017 boost but long-term outlook still shaky

Jan. 5, 2018 / Coal mining news

(AP) - Coal companies in the United States boosted production of the fuel in 2017 to reverse a two-year decline. The U.S. Energy Information Administration said Thursday that companies mined 771 million tons of coal through Dec. 30, a 6 percent increase versus 2016. Wyoming, the largest coal state,

More Trouble in Coal Country: 370 Mining Jobs Lost in One Blow

January 05, 2018 / Coal mining news

If President Donald Trump is serious about bringing coal back, he has his work cut out for him. The President's first year in office was marked by a slew of coal power plant closings, and his second year is already off to a bad start. Mepco, Inc. announced that it will close a Pennsylvania mine, eliminating 370

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