Auction of coal mines for sale of coal is expected to bring efficiency into the coal sector due to increased competition and deployment of best possible technology into the sector. The higher investment ... Read More.That’s the assessment of consultancy Wood Mackenzie, which said its long-term projections for weaker demand in the Chinese coal market – and the associated lower prices and tighter regulatory... Read More.The Central government is expected to get Rs 8,044 crore as interim dividend from state-owned Coal India Ltd for the fiscal year 2017-18.The miner's board of directors have approved pay... Read More.Import demand for China may remain lackluster for a few more weeks until Asia-Pacific market participants meet in April for an international coal gathering in Beijing, market sources Friday said.<... Read More.In the past week, the Cabinet Committee on Economic Affairs approved a methodology to auction coal blocks for commercial mining. In the aftermath of the 2014 Supreme Court rulings that declared as illega... Read More.Chinese coking coal and coke futures rose for the fifth straight session on Wednesday as traders said steel mills were stocking up on raw materials ahead of a hoped-for resumption of full production afte... Read More.Sellers of seaborne-traded thermal coal grappled with lower buying price expectations from China as domestic offers for Qinhuangdao cargoes slumped on weaker downstream demand, sources said Wednesday.Read More.China’s state planner pledged on Monday to cut more steel and coal production capacity this year, putting the country on track to beat its long-term targets, as Beijing reinforced its vow to beat s... Read More.The government may in near future scrap the present system of allocating coal mines for captive use and instead only auction mines for commercial use to private as well as foreign companies with a view t... Read More.The front half of the CIF ARA thermal coal futures curve has shown a move into contango recently as low demand in the spot market has continued to pull the prompt contracts down, affecting trading strate... Read More.India’s decision to allow private and foreign companies to bid for coal mines without any end-use or price restrictions is likely to lure foreign giants such as BHP, Rio Tinto, Anglo American and G... Read More.Opening up commercial coal mining for Indian and foreign companies in the private sector, the Cabinet Committee on Economic Affairs on February 20 approved the methodology for auction of coal mines/block... Read More.Heavy rainfall overnight Tuesday in Australia's premier coking coal producing region, Queensland, forced Aurizon to temporarily shut its key Goonyella rail line for 12 hours to 1800 local time Wednes... Read More.Diversified miner Glencore posted $9.8 billion in total coal revenues in 2017, up 43% from the prior year, the company said Wednesday.The Switzerland-based company... Read More.Morgan Stanley says India’s move to allow private firms to mine coal for commercial use to be positive for the country's coal production.The Government will au... Read More.The country's coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.44 MT in the same month of the previous fiscal, according to m-junction, a leading name in the... Read More.EIA expects total 2017 U.S. coal production to be 773 million short tons (MMst), 45 MMst higher than in 2016 and the largest year-over-year tonnage increase since 2001. Coal prices across the United Stat... Read More.Chinese coking coal and coke futures rose for the fifth straight session on Wednesday as traders said steel mills were stocking up on raw materials ahead of a hoped-for resumption of full production afte... Read More.Coal India will supply 513 million tonnes of coal and offer 12 million tonnes more via e-auction to the power sector in 2018-19 (FY19). The remaining 90 million tonnes of the sector’s demand will c... Read More.Powered by Asia's continuing demand, the global seaborne thermal coal market is expected to grow by around 48 million mt or 5% from 2017 to touch 974 million mt in 2018, trading house Noble Group sai... Read More.