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Trump’s Energy Dominance Strategy Gains Traction at UN
October 3, 2017
One U.N. committee’s agenda aligns with President Donald Trump’s plan for American energy dominance to build cleaner coal power plants and distribute more U.S. energy and expertise. The Committee on Sustainable Energy under the U.N. Economic Council for Europe assesses
Coal India Plans Expansion Into Copper and Nickel Mining Markets
October 2, 2017
Coal India Ltd, the world’s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs, potentially signaling a strategy shift to cut reliance on the fossil fuel. The state-run company
Caterpillar Seals Deal on Autonomous Retrofit Project for Fortescue’s Mining Trucks, Australia
October 2, 2017
Caterpillar Inc. this month publicly acknowledged its first major agreement to retrofit a mine operator’s mixed fleet of mining trucks with autonomous capabilities. Approximately 100 Cat and Komatsu trucks at Fortescue’s iron ore mines in the Pilbara region of Western
Pakistan Wrestles with Coal Dilemma Amid Power Shortfalls
September 28, 2017
Pakistan’s efforts to end energy crisis have impaled it on the horns of a dilemma: it wants to end power shortfalls at the earliest using coal but also needs to keep its environment clean. Electricity is a major issue in
China Still Bringing in Boatloads of North Korean Coal Despite Ban
September 28, 2017
China announced in February that it was suspending coal imports from North Korea through the end of the year, but China imported significant amounts of coal last month, according to domestic customs data. China imported 1.6 million tonnes of coal
Brazil Backs Off Mining Bid in Amazon Nature Reserve
September 28, 2017
The Brazilian government has pledged to reinstate a mining ban in an Amazonian nature reserve, reversing its earlier course after an international outcry. Greenpeace says several illegal mines are active in the area. President Michel Temer will restore protective measures
Metso Signs Distribution Agreement with Process Control Equipment to Expand Services in UK, Benelux
September 26, 2017
Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso’s Neles and Jamesbury product families for
Bukit Asam Explores Coal Mining Acquisitions in Kalimantan, Indonesia
September 26, 2017
Bukit Asam (PTBA) is focusing on seeking coal mines to be acquired in Kalimantan. The company considers that Kalimantan is an area with abundant coal reserves and has better logistics access than Sumatra. Director of Bukit Asam, Arviyan Arifin confirmed
Fura Gems Enters Agreement to Acquire Ruby Licenses in Mozambique
September 26, 2017
Fura Gems Inc. has entered into an agreement to acquire all of the issued and outstanding shares of Cobadale Ltd. On closing of this transaction, Fura Gems will own an 80 percent effective interest in four ruby licenses and has
There’s a Surprising Winner from China’s Ban on North Korean Coal
September 25, 2017
There is a surprising potential winner from China’s ban on North Korean coal: Mongolian coal exporters. That’s according to Christopher Wood, author of CLSA’s weekly “Greed & fear” newsletter, who cited what his team heard while in Ulaanbaatar, the capital
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