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Miranda wins mining rights for Burnside coal project in South Africa

Miranda Mineral Holdings subsidiary, Street Spirit Trading, has been granted a mining right for the Burnside coal project, near Dundee in KwaZulu-Natal province, South Africa. The mining right has been approved for four farms covering 4540...

Orpheus Energy raises funds for Indonesian coal project

Orpheus Energy has raised funds through a share placement to augment the company’s portfolio of near term coal production assets in Kalimantan, Indonesia. The proceeds worth $2.24m will be used for the acquisition and development of...

Vale to sell Colombian coal assets for $407m

Brazilian mining giant Vale has entered into an agreement for the sale of its thermal coal assets in Colombia to a unit of Colombian Natural Resources for $407m in cash. Under the terms of...

Aspire Mining establishes coking coal reserve in Mongolia

Aspire Mining has found a maiden 178 million ton (Mt) open pit coal reserve for its Ovoot coking coal pProject in northern Mongolia. The open pit coal reserve is expected to produce 147Mt of high quality marketable coking coal. ...

GVK wins approval for $6.3bn Australia coal project

India's GVK Power & Infrastructure has secured environmental approval from the state of Queensland for the A$6.4bn ($6.3bn) Alpha coal project, touted to be one of Australia’s biggest mines. The proposed mine site in Galilee Basin...

Pan Asia confirms technical and financial viability for Indonesian coal project

Pan Asia Corporation has announced technical and financial feasibility of its Transcoal Minergy Underground Coal Mine Project in Indonesia following the completion of the base case feasibility study. The study indicated that the total expenditure to...

Germany’s Solar Identity Crisis

Germany broke its own solar energy installation record in 2011 and added 7.5 gigawatts, the country's regulators said Monday. The question for the reigning solar market now appears to be: how much more does it want? ...

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