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China's coking coal futures soared 8 percent on Thursday and were on track for their biggest one-day jump in seven months, boosted by a report the world's top consumer plans to ban imports into small ports, stirring worries about tightening supply. The most-active coking coal futures in early trade touched 1 134.5 yuan ($167.32), up 8% and their highest since May 3. Prices were at 1 119.5 yuan a tonne at 0330 GMT.

Source Feed: Mining Weekly | Coal
Categories: coal

The shareholders of mining major Rio Tinto on Thursday overwhelmingly voted in favour of the company’s plans to divest its Coal & Allied (C&A) assets to China-controlled Yancoal Australia. Some 97.2% of the total votes cast at a general meeting were in favour of the revised proposal from Yancoal, under which the ASX-listed company was offering $2.69-billion for the C&A assets.

Source Feed: Mining Weekly | Coal
Categories: corporate activity


An urgent Pretoria High Court bid to stop Atha-Africa Ventures from proceeding with the development of the Yzermyn coal mining project in Mpumalanga has failed, with the matter removed from the urgent roll and each party made to pay own costs. The court found that the allegations of the eight objecting civil society and community organisations had already been addressed and that their court bid had been brought notwithstanding repeated undertakings that mining-related activities would not...

Source Feed: Mining Weekly | Coal
Categories: coal

China plans to ban coal imports starting July 1 at ports that were set up through approvals by provincial authorities, the latest move by President Xi Jinping’s government to exert stricter control on the market. Ports in the world’s largest consumer of the fuel that were approved under the authority of the State Council will still be able to receive overseas shipments, said the people, who asked not to be identified as the information isn’t public.

Source Feed: Mining Weekly | Coal
Categories: coal

India should rein in its lofty coal output target as power demand is growing at a slower pace than expected, a government policy think-tank said, even as state monopoly Coal India Ltd (CIL) struggles to sell already-mined coal. A turnaround in India's coal sector, from crippling shortages three years ago to a surplus thanks to faster government clearances, is seen as a major success for Prime Minister Narendra Modi.

Source Feed: Mining Weekly | Coal
Categories: coal

Stripping out Wescoal’s once-off nonrecurring costs paints a pretty picture of the performance of this black-controlled coal-mining and coal-marketing junior, which has declared a dividend payout of R22-million compared with R10-million last year The once-off costs of R90-million arose from the transaction that assures 51% black control for the company, and also from its acquisition of coal-mining company Keaton Energy, which brings new optionality in the form of particularly the...

Source Feed: Mining Weekly | Coal
Categories: coal

The Navajo generating station, the biggest coal-fired power plant in the US West, will live to see another two years. On Monday, Navajo Nation leaders approved a lease with the plant’s utility owners that will keep the ailing, 2 250 MW complex operating through December 2019. The owners signaled on Tuesday that they’ll sign the deal this week, the Navajo Nation Council said by email.

Source Feed: Mining Weekly | Coal
Categories: coal

An independent assessment has estimated that the Dartbrook project, in New South Wales, contained some 2.5-billion tonnes of coal resource. ASX-listed Australian Pacific Coal on Tuesday said that some 588-million tonnes were classified as measured with a further 850-million tonnes classified as indicated.

Source Feed: Mining Weekly | Coal
Categories: coal

Glencore’s years-long pursuit for a bigger Australian coal business was delivered another setback on Monday after Rio Tinto Group passed on the company’s offer for a second time. Now the mining giant run by a former coal trader is running out of time to come back with a better offer or lose out on a deal the company has chased since at least 2013. The mines are situated near Glencore’s own operations in the Hunter Valley, and the ability to work them together makes them an attractive prize.

Source Feed: Mining Weekly | Coal
Categories: coal

The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities, including coal, copper, nickel and chrome, as well as citrus, maize and tomatoes, from road to rail, and vice versa.

Source Feed: Mining Weekly | Coal
Categories: logistics

South Africa's Chamber of Mines has applied to a high court for an interdict to prevent the implementation of a new charter that increases the minimum threshold for black ownership of mining companies The post South Africa's chamber of mines challenges new charter in court appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: coal, copper, gold, iron ore, palladium, platinum, south africa

The company has chosen to sell its Hunter Valley coal mines to China-backed Yancoal, but shareholders will decide. The post Rio brushes off Glencore latest offer for coal mines, sticks with Yancoal appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, asia, australia, china, coal, japan, mitsubishi, mitsubishi corporation, rio tinto, yancoal

Thirteen coal miners have died in Colombia after an explosion at an illegal coal mine on Friday. The post Colombia coal mine explosion kills 13 appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, coal, colombia, latin america

Fresh bid is far better than the $2.55bn it offered earlier this month and considerably more than the $2.45bn offered by Yancoal, the Chinese-backed miner that is Rio’s preferred buyer. The post Glencore fights back, sweetens deal for Rio Tinto’s Australian coal assets appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: major news provider, asia, australia, china, coal, japan, mitsubishi, mitsubishi corporation, rio tinto, yancoal

Coal India, responsible for about 82% of the nation's total coal output, said the closures would save around 8 billion rupees ($124 million). The post World’s top coal producer to close 37 mines appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: major news provider, asia, china, coal, india, renewable energy, renewables, solar power

The acquisition would make of Yancoal Australia’s largest pure-play coal producer. The post Yancoal trumps Glencore bid for Rio Tinto’s coal mines appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, asia, australia, china, coal, japan, mitsubishi, mitsubishi corporation, rio tinto, yancoal

Mongolia’s renewed efforts to attract foreign investment it’s bearing its first fruits. The post Rio Tinto in search of next Oyu Tolgoi in Mongolia appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: major news provider, mining news, asia, australia, china, coal, copper, erdene resource, gold, mongolia, rio tinto, silver, turquoise hill

Global coal production is down record amounts thanks largely to China, BP's chief economist said Thursday, and coal's probably not coming back. The post How China, not Obama, waged the war on coal appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, china, coal, usa

The world’s largest mining company announced that Ken MacKenzie has been elected to succeed Jac Nasser The post BHP Billiton announces new Chairman appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, australia, brazil, canada, chile, coal, copper, iron ore, potash, south africa

Before construction begins, activist groups are making sure to continue to speak up against the $16bn Carmichael coal mine The post #StopAdani protests surge in Australia appeared first on MINING.com.

Source Feed: Coal – MINING.com
Categories: mining news and commentary, adani group, australia, coal, india









A coal mining company claims that a Times editorial falsely accused the firm’s founder of lying about a mine collapse — though the last time the paper lost a U.S. libel suit was at least the early 1960s.

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

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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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