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Palaszczuk Amends Her Party Position of Adani Coal Mine Before Election, Australia
November 28, 2017
India`s Adani Enterprises Ltd faces a likely block on a A$900 million ($684 million) government loan to help build a giant coal mine in Australia, with the left-leaning Labor Party on track for re-election in a state poll. Queensland state
Australia’s South32 to Make Its South Africa Energy Coal a Stand Alone Entity
November 28, 2017
Australian miner South32 Ltd on Monday said its South Africa Energy Coal (SAEC) business would be run as a stand-alone unit, with the goal of widening its ownership and possibly listing it on the Johannesburg Stock Exchange. “This will present
AC Energy Set to Commence Operations at Coal-fired Power Plant in Kauswagan Next Year, Philippines
November 28, 2017
AC Energy Holdings Inc. said subsidiary GN Power Kauswagan Ltd. Co. is on track to complete a 552-megawatt coal-fired power plant in Kauswagan, Lanao del Norte next year. AC Energy President and Chief Executive John Eric Francia said the project
De Beers Puts Its Voorspoed Mine Up for Sale, South Africa
November 28, 2017
Rough diamond producer De Beers put its Voorspoed mine in the Free State up for sale after talking about closing its second-last operation in SA. De Beers, which is 85 percent owned by Anglo American and is the world’s largest
Mining and Heavy Industry Lead the Way as China’s Industrial Profits Surge
November 28, 2017
China’s industrial firms weathered a broad government crackdown on financial risks as profits continued to surge last month in a stabilizing force for the world’s second-biggest economy, which has started to cool slightly in recent months. The vast industrial sector
Germany’s Respite for Coal May End as Talks Resume With Chancellor Angela Merkel
November 27, 2017
The future of Germany’s coal industry is moving back into the spotlight as Chancellor Angela Merkel restarts talks on forming a new coalition government, with pressure building for stricter limits on the most polluting fuels. Two months after national elections,
Strong Outlook for Poland’s New Coal Mines
November 27, 2017
Investor confidence in Poland’s coal mining industry is on the up again due to strong international prices for coking coal and strong steel demand. There are three high quality coking coal projects under development in Poland, which will diversify supply
Coal Becomes a Flashpoint in a Close Election in Australia
November 27, 2017
The bars along Wood Street have gone quiet. Thirsty mine workers on six-figure salaries have become a rarity since a coal-exporting boom ended. Boom-bust cycles are hardly new for this northern coastal city in the state of Queensland. But Greg
China Orders Local Governments to Ensure Coal Mine Safety
November 27, 2017
China has ordered local authorities to to prevent coal mine accidents and ensure safe production, following a fatal accident this month in northeast China that killed at least four. Authorities should follow work safety management regulations and supervise coal mines
Walkabout Resources Acquires Lonmin’s Northern Ireland Exploration Portfolio
November 21, 2017
Walkabout Resources Ltd has finalized the acquisition of a diversified exploration portfolio in Northern Ireland from Lonmin Plc, an international platinum group metal producer. This low-cost acquisition of an extensive exploration portfolio from an international major gives Walkabout access to
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