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Adani Ready to Break Ground on Rail Link for Its $16.5 Billion Carmichael Coal Mine, Australia
October 16, 2017
Indian mining giant Adani said Friday that it is ready to start work on a 388km rail link of its proposed $16.5 billion Carmichael coal mine project in Australia. Adani Australia CEO Jeyakumar Janakaraj said the project was advancing on
Rio Tinto Committs Another $2.5 Billion Share Buy-back for Coal & Allied Industries
October 13, 2017
Rio Tinto has committed an additional $2.5 billion to its ongoing share buy-back program, returning the proceeds of the sale of Coal & Allied to its shareholders. The capital return program will be executed through a combination of an off-market
Adani Moves Forward with Carmichael Coal Mine Amid Protests, Australia
October 10, 2017
Indian mining giant Adani has suffered huge setbacks in the form of country-wide protests in Australia against its massive coal mine and railway project in Queensland. The $16.5 billion project had hit roadblocks due to difficulties in securing green clearances
World Coal Association: Don’t Write Off Coal Amid India’s Solar Boom
October 6, 2017
This year has seen a raft of news stories about tremendous growth and cost reductions for solar power in India. This is a good thing. In a country where more than 300m people lack even the most basic access to
ASEAN Centre for Energy and World Coal Association Partner for Cleaner Coal Technology
October 6, 2017
The ASEAN Centre for Energy (ACE) and the World Coal Association (WCA) signed a memorandum of understanding that formalizes their long-term partnership during the ASEAN Energy Business Forum (AEBF) 2017, on the sidelines of the 35th ASEAN Ministers on Energy
China’s Coal Hub Taiyuan Bans Coal
October 5, 2017
Taiyuan, the capital of China’s coal production hub, has banned sales, transport and use of coal by most plants to try to reduce serious air pollution. The city in northern Shanxi province contributed 24.3 percent of last year’s coal output
Ardea Resources Signs $5 Million Gemstone Mining Deal with Australian Jade Mining
October 5, 2017
Ardea Resources Ltd has signed a strategic deal with Australian Jade Mining Limited (AJML) to transfer the semi-precious gemstones mining rights within its Western Australian tenement portfolio. The company is expected to realize over $5 million by monetizing its tenement
Empire Resources Pours First Gold from Penny’s Find Mine, Western Australia
October 5, 2017
Empire Resources has poured its first gold bar from its recently commissioned Penny’s Find Gold Mine located 50 kilometers from Kalgoorlie in Western Australia. The gold bar was poured at the Lakewood toll milling facility south of Kalgoorlie and further
Neyveli Lignite Invites Global Bids to Develop Coal Mines in Odisha, India
October 5, 2017
State-owned Neyveli Lignite Corporation (NLC) has invited global and domestic firms to develop and operate its two coal mines with a production capacity of 20 MTPA in Odisha. The development assumes significance as some of the power plants in the
Glencore to Increase Stake for $531 Million in Peru Mining Company Volcan
October 5, 2017
Miner and commodities trader Glencore PLC has agreed to buy a further stake worth at least US$531 million in Peru’s largest zinc miner, Volcan Compania Minera SAA, the company said on Tuesday. Glencore, which has been a shareholder in Volcan
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