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Legal adviser Bouwer van Niekerk expects to have a preliminary business rescue plan for Optimum Coal Mine and Koornfontein Mine submitted for creditor approval by the end of next week, he confirmed to Mining Weekly Online on Wednesday. The mines’ business rescue practitioners (BRPs) have been in continuous discussions with all stakeholders and creditors to vote on the proposed business rescue plans for the mines.

Source Feed: Mining Weekly | Coal
Categories: coal

Coal developer Aspire Mining on Wednesday told shareholders that its Ovoot project, in Mongolia, could assist in addressing a projected 16-million- to 22-million-tonne shortage of fat coking coal in China, out to 2025. China’s ‘fat’ coal category encapsulates high fluidity coals with good plastic and excess caking properties that are used to blend lower quality coking coals.

Source Feed: Mining Weekly | Coal
Categories: coal

Coal developer Pacific American Coal has reported an 18% increase in the Joint Ore Reserves Committee compliant resource of its Elko coking coal project, in British Columbia. The project is now estimated to host some 303-million tonnes of coal, with 117-million tonnes of the resource classified within the measured category.

Source Feed: Mining Weekly | Coal
Categories: coal

Suitor Golden Investments has told the shareholders of ASX-listed Stanmore Coal that it will not be increasing its offer price of 95c a share, and that it will not extend its offer date past January 22. Stanmore in December urged shareholders to reject the offer, saying the price was “materially inadequate” and did not provide an appropriate control premium.

Source Feed: Mining Weekly | Coal
Categories: corporate activity

Project Halo – the consortium which came out as the preferred bidder in the highly-contested purchase of coal mine previously owned by the Gupta family – on Tuesday rejected allegations of impropriety in the way it secured the bid to acquire mine and other related assets.  Last year, Project Halo won a bid to buy Optimum Coal Mine, Koornfontein Mine, and Optimum Coal Terminal in Mpumalanga for R3.6-billion from Tegeta Exploration and Resources, a mining company which is linked to the...

Source Feed: Mining Weekly | Coal
Categories: coal

The South African consortium distanced itself from allegations that it is linked to the Gupta family, the previous owner of Optimum coal and other two assets. The post Project Halo rejects favouritism claims in Optimum coal mine buy appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, africa, coal, south africa


After more than a month, 15 illegal miners trapped in a coal mine in the north-eastern Indian state of Meghalaya are presumed to be dead even though the Supreme Court monitoring rescue operations said that “hunt must continue as miracles do happen”. On December 13, 15 miners were trapped 370 ft below in a coal mine in the Jantia Hills in Meghalaya when the mine was flooded. Coal mining in Meghalaya, though officially banned, but commonly known as ‘rat hole’ mining stemming from holes bored...

Source Feed: Mining Weekly | Coal
Categories: illegal mining

Angela Merkel’s commission plotting Germany’s exit from coal faces a tricky balancing act: how to stop mining and burning the dirtiest fossil fuel without whipping up more voter anxiety over job losses. Germany’s chancellor meets with coal-state governors who sit on the commission on Tuesday in Berlin. They have until next month to explain how Europe’s biggest economy should ditch a fuel that still generates two-fifths of their electricity and gives paychecks to more than 50 000 workers.

Source Feed: Mining Weekly | Coal
Categories: energy

Electric cars are better for the environment than traditional gasoline models, and that benefit will grow as power generators shift away from coal. That’s the conclusion of research by BloombergNEF, which found carbon dioxide emissions from battery-powered vehicles were about 40% lower than for internal combustion engines last year. The difference was biggest in Britain and the UK, which have large renewables industries. It still held in China, which is more reliant on coal to make electricity.

Source Feed: Mining Weekly | Coal
Categories: electric vehicles

Investment bank Goldman Sachs said South Africa's rand could tumble 3.5% if State-run power utility Eskom suffers a major sell-off in its bonds, but it could also jump 4.5% if the firm's troubles improve. Goldman's analysts said an Eskom risk gauge used by the bank was now close to its most elevated reading since it was started in 2013, suggesting that markets were currently pricing "close to peak Eskom risk".

Source Feed: Mining Weekly | Coal
Categories: economy

The fall in iron ore purchases for 2018 came as a 70 percent plunge in profit margins since late October cut the incentive for steelmakers to ramp up output and restock raw materials. The post China's 2018 iron ore imports fall 1%, first annual drop since 2010 appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: china, coal, iron ore, steel

The Chancellor will use a Tuesday dinner meeting in Berlin to press a panel plotting an exit from the world’s most widely used power-plant fuel. The post Merkel seeks to heal rift over role of coal in Germany's economy appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: coal, europe, germany

The accident is the deadliest reported so far this year in China's coal industry, known for its poor safety record. The post Coal mine collapse in China's Shaanxi kills 21 – People's Daily appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: baiji mining co, china, coal

As the saying goes, if you think knowledge is expensive, try ignorance. The post The rising cost of socially responsible investing: Mark Gilbert appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: africa, arabesque, asia, coal, copper, esg data, ethifinance, europe, gold, iron ore, latin america, opimas, sustainalytics, truvalue labs


The mine became flooded after at least 15 miners went down the narrow pit on Dec. 13. The post Indian rescuers struggle to pump out water from flooded mine appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: asia, coal, india

According to the new EPA analysis, the costs of complying with the rule are projected at $7.4 billion to $9.6 billion annually, while monetized benefits are estimated to be $4 million to $6 million annually. The post Mercury limits on coal plants no longer 'appropriate,' EPA Says appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: coal, murray energy corp, usa

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls The post Human activity creates 208 new mineral species appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, africa, asia, australia, canada, china, coal, copper, diamond, europe, gold, iron ore, latin america, lead, nickel, palladium, platinum, platinum group metals, potash, silver, south america, uranium, usa, zinc

The gloomy data points to a further loss of economic momentum as a trade dispute with the US piles pressure on China's vast manufacturing sector. The post China's industrial profits suffer first drop in 3 years, piles pressure on economy appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: china, coal, steel, usa

Endangered species, climate change — the administration is taking the country, and the world, backward.

Source Feed: Coal

Electric utilities have already spent billions of dollars to meet the requirements. The post Trump's EPA to maintain Obama-era coal plant curbs, with a twist appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: china, coal, duke energy corp, murray energy corp, usa


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The move will make it easier to build new coal plants in the United States, the latest signal that the federal government is embracing the industry.

Source Feed: Coal




The U.S. Court of Appeals for the Seventh Circuit has upheld an earlier district court decision that Clean Air Act liabilities do not transfer to new owners when a facility is sold, while the Third Circuit has upheld an Environmental Protection Agency (EPA) rule to limit sulfur dioxide emissions from a Pennsylvania coal-fired power plant on request of New Jersey, a downwind state....

Source Feed: COAL POWER magazine :: Environmental

A divided three-judge panel of the 10th U.S. Circuit Court of Appeals recently rejected Oklahoma State's challenge to the Environmental Protection Agency's (EPA's) implementation of a regional haze rule to limit emissions from power plants in the state....

Source Feed: COAL POWER magazine :: Environmental

Beware the letter from the Environmental Protection Agency asking seemingly innocuous questions about your plant....

Source Feed: COAL POWER magazine :: Environmental

AES Corp.’s subsidiary Dayton Power & Light (DP&L) plans to retire six coal-fired units representing about 390 MW at its 414-MW Hutchings coal-, gas-, and oil-fired plant in Miamisburg, Ohio, by June 2015 as a result of existing and expected environmental regulations, including the Mercury and Air Toxics Standards (MATS). The news comes on the heels of Indianapolis Power & Light Co.’s (IPL’s) announcement that it plans to retire 600 MW of coal-fired capacity to comply with environmental...

Source Feed: COAL POWER magazine :: Environmental

In a report released on May 13, the U.S. Energy Information Administration (EIA) presents data on energy-related carbon dioxide (CO2) emissions for each state by year, fuel, sector, and other breakouts for the years 2000 through 2010....

Source Feed: COAL POWER magazine :: Environmental

The Environmental Protection Agency (EPA) estimates final regulations curbing greenhouse gas (GHG), mercury, and air toxics emissions from new sources could appear in the Federal Register by the end of April. Also forthcoming are final cooling water intake rules and proposed effluent guidelines. The coal ash rule, which has no target date for a final rule, may not be issued this year, the agency said....

Source Feed: COAL POWER magazine :: Environmental

The integrated gasification combined cycle (IGCC) plant located in Kemper County, Mississippi, is a 2 x 1 plant that will produce 582 MW at peak and 524 MW fired on syngas, with ammonia, sulfuric acid, and carbon dioxide as by-products. The carbon dioxide will be used for enhanced oil recovery (EOR). Engineering was completed in Q3 2012, and the facility’s commercial operation date is planned for May 2014....

Source Feed: COAL POWER magazine :: Environmental


Power plant emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx) in the U.S. declined to their lowest level since 1990, the Energy Information Administration (EIA) said in early March....

Source Feed: COAL POWER magazine :: Environmental

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