Coal news and updates

Updated daily

• Ex-Gloucester CEO lines up $200m to buy Asia-Pacific coal assets

  07 May 2014

  The former boss of Australia's Gloucester Coal has lined up $200 million from a private equity... . ...Read More

• Stanford to divest from coal companies

  07 May 2014

  Stanford University will not make direct investments of endowment funds in publicly traded compani... . ...Read More

• International coal prices largely stable

  06 May 2014

  May 6: The spot prices of steam coal in international markets remained largely stable on May 5 in ... . ...Read More

• APP urges CIL to sell unused coal stock to private power plants

  06 May 2014

  May 6: Buoyed by reports that Coal India Ltd (CIL) is finding it difficult to liquidate its coal s... . ...Read More

• Kandla Port expects to meet the cargo handling target in the current fiscal

  06 May 2014

  May 6: Kandla Port Trust (KPT) expects to handle 100 million ton (mt) cargo in the current financi... . ...Read More

• CIL seeks to upgrade explosives used at its mines

  06 May 2014

  May 6: In order to upgrade the explosives and detonators used at its coal mines, Coal India Ltd (... . ...Read More

• April e-auctions on coaljunction platform see good demand

  06 May 2014

  May 6: Good demand was witnessed for the offerings of coal from Singareni Collieries Company Ltd (... . ...Read More

• Coking coal sees good demand at e-auction in April

  06 May 2014

  May 6: Washery grade coking coal (W3 and W4) offered on the e-auction platform conducted by coalju... . ...Read More

• SCCL offerings see good demand at April spot e-auction

  06 May 2014

  May 6: Good demand was witnessed for coal offered by Singareni Collieries Company Ltd (SCCL) for a... . ...Read More

• G-1 grade coal fails to attract bid in April spot e-auction

  06 May 2014

  May 6: Good demand was witnessed for G-1 grade coal (GCV above 7,000 Kcal/Kg) coal offered by BCCL... . ...Read More

• G-2 grade coal fails to attract bid at April e-auction

  06 May 2014

  May 6: G-2 grade coal (GCV ranging from 6,701-7,000 Kcal/Kg) offered by BCCL of Coal India Limited... . ...Read More

• Strong demand for G3 grade coal in April e-auction

  06 May 2014

  May 6: There was a strong demand for G3 grade coal (GCV ranging between 6,400 Kcal/kg and 6,700 Kca... . ...Read More

• G-4 grade coal sees good demand in April e-auction

  06 May 2014

  May 6: G4 grade coal (GCV range 6,100 Kcal/kg to 6,400 Kcal/kg) offered for allotment through the ... . ...Read More

• Fair demand for G-5 grade coal at April e-auction

  06 May 2014

  May 6: There was a fair demand for G5 grade coal (GCV range 5,800 to 6,100 Kcal/kg) at the e-aucti... . ...Read More

• Coal shortage forces PSPCL to impose unscheduled power cuts

  06 May 2014

    With the mercury as well as the power demand shooting up, the coal crisis has derailed al... . ...Read More