Updated daily
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Coal India Q2 PAT declines 0.6% YoY to Rs 2,932 cr
15 Nov 2021Coal India posted a 0.6% fall in consolidated net profit to Rs 2,932.73 crore in Q2 FY22 from Rs 2,951.6 crore posted in Q2 FY21. . ...Read More
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South Africa Resurrects Plan to Sell Coal-Fired Power Plants
12 Nov 2021Key South African government ministers have reached a broad agreement to sell some of the state power utility’s coal-fired power plants to help reduce its debt burden, Finance Minister Enoch Godongwana said. . ...Read More
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New Regulation In Indonesia Seeks To Strike A Balance In Mineral And Coal Mining Business
12 Nov 2021The Government of Indonesia has issued a regulation to implement the recent amendments made to the Mining Law. Principally, this new regulation, Government Regulation No. 96 of 2021 regarding the Operation of Mineral and Coal Mining Business ("GR 96/2021"), enacts a new licensing scheme for mining business activities and overhauls the divestment obligation for foreign investment companies holding a Mining Business License. . ...Read More
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Russia-India coking coal deal unlikely to impact Panamax shipping
12 Nov 2021Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Drewry believes this trade will have little or no impact on the demand for dry bulk shipping. . ...Read More
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Coal India deploys additional third party samplers to lessen grade slippage
12 Nov 2021Basalts are mainly found in the mines of the Rajmahal area under the Eastern Coalfields (ECL) and those are removed as overburdens. . ...Read More
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Coal Company Sees First Equity for Renewables Shift in Botswana
11 Nov 2021Shumba Energy secured the first equity commitments to develop an $80 million solar project in Botswana as part of the coal company’s plan to shift to renewable energy. . ...Read More
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Allegiance Coal announces first Black Warrior cargo contract
11 Nov 2021Allegiance Coal Ltd has announced the completion of an agreement for the sale of Black Warrior’s first 80 000 t cargo to an Asian buyer. . ...Read More
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Glasgow agreement calls nations to accelerate coal exit
11 Nov 2021After 10 days of hectic parleys, the UK presidency of COP26 on Wednesday released a first draft of the Glasgow climate summit, calling on nations to strengthen their climate targets for 2030 and called for accelerated coal exit and ending fossil fuel subsidies - a historic first - in the UN summit. . ...Read More
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Telangana: Four workers killed after roof of coal mine collapses
11 Nov 2021Four workers of a coal mine run by Singareni Collieries Company Limited (SCCL) were killed when the roof of the underground unit collapsed on Wednesday. . ...Read More
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Japan, once a leader on climate, under fire for coal use at COP26
10 Nov 2021More than 20 countries agreed to phase out coal power at the U.N. climate talks in Glasgow, but not Japan - a "leap backwards" for a country that once led the way on the Kyoto Protocol to reduce greenhouse gas emissions. . ...Read More
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China daily coal output hits multi-year peak, prices expected to fall
10 Nov 2021China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner said in a statement on Monday, as Beijing tries to fill a supply shortage ahead of winter. . ...Read More
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Thiess secures Wahana renewal in Indonesia
10 Nov 2021Thiess has secured a three-year AUS$220 million contract renewal to continue providing mining services at PT Wahana Baratama Mining’s (Wahana) coal mine in South Kalimantan, Indonesia. . ...Read More
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Coal Imports Fell 12% During April-August Of 2021-22
10 Nov 2021Country's overall coal imports fell 12 per cent year-on-year to 94 million tonnes in April-August 2021, mainly due to substantial reduction in import of non-coking coal. . ...Read More
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Australia, Russia, China, and the U.S. have no plans to cut back on coal production
09 Nov 2021Russia, along with coal-producing countries like China, Australia, and the U.S., refused to join an initiative at COP26 last week to phase out the production of coal, the highly polluting fossil fuel. . ...Read More
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Indonesian coal giant Adaro seeks renewables-based growth
09 Nov 2021Indonesian coal mining giant Adaro Energy could generate half its revenue from renewable power as soon as a decade from now as it diversifies away from fossil fuels, its top executive told Nikkei Asia. . ...Read More