Thermal
Thermal
Cliffs Natural Resources divests 45% stake in Sonoma coal mineCliffs Natural Resources divests 45% stake in Sonoma coal mine
US-based mining and natural resources company Cliffs Natural Resources has agreed to sell 45% interest in the Sonoma coal mine in Queensland for A141m ($146.78m). Cliffs sold its stake in the mine along with...
Thermal
Columboola JV identifies mineable coal at Goombi Project in Queensland
MetroCoal along with itsjoint venture partner SinoCoal Resources has reported the discovery of a shallow, opencut mineable coal at the Goombi Project in the Columboola joint venture area. Opencut inferred resource of 45 million...
Thermal
Tata Power buys 26% stake in BSSR coal mine in Indonesia
India-based Tata Power has acquired a 26% stake in the Baramulti Suksessarana (BSSR) coal mine in Indonesia for an undisclosed amount to ensure fuel security for its growth prospects. Tata Power has a prior...
Thermal
Armstrong Coal installs Caterpillar equipment at Lewis Creek coal mine
Armstrong Coal, a subsidiary of Armstrong Energy, is installing the first full fleet of Caterpillar (Cat) room-and-pillar coal mining equipment at its new Lewis Creek underground mine in Kentucky. Lewis Creek mines the 50-inch...
Thermal
Sasol launches new coal mining shaft in South Africa
Sasol has inaugurated its ZAR3.5bn ($423m) Thubelisha Shaft at the Twistdraai Colliery in Mpumalanga, South Africa. The new shaft will be located in the north-east of the Secunda complex, and replace the current Twistdraai Colliery shaft...
Thermal
ICE Coal Futures stop three-month decline by jumping 66%
ICE Coal Futures halted a three-month decline to tick up 66% on-month to 125.46 million mt worth of coal contracts traded and cleared during May, energy exchange ICE Futures Europe and electronic trading platform globalCOAL said late Friday. ...
Thermal
At least 30 vessels of unsold coal cargoes float off China’s coast
At least 30 Panamax or Capesize vessels are floating off China's coast because traders who bought them have been unable to resell them to end-users, two industry sources said Tuesday at a conference in Indonesia. The...
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