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...
Thermal
Chile’s Mina Invierno plans to begin exporting coal in first half of 2013
Chilean mining firm Mina Invierno intends to start exporting sub-bituminous coal, mainly to Asia, in the first half of 2013, a company executive said Monday. The company's plan will mark the first time Chile has exported...
Thermal
Australia’s Gloucester Coal shareholders approve merger with Yancoal
Shareholders of Gloucester Coal have approved the merger with Chinese-owned Yancoal, which the Sydney-based miner believes will help it stay competitive in a period of soft thermal and metallurgical coal prices. At a meeting in Sydney...
Thermal
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...
Thermal
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...
Thermal
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...
Thermal
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. ...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.
Must read