Updated daily
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Teck Resources Redacts Proposal to Separate Metal and Coal Companies
01 Sep 2023Canadian mining group Teck Resources recently withdrew its proposal to separate its metals and coal companies into two separate assets. The Vancouver-headquartered company announced its plans not to proceed with a vote to divide the business into two separate companies, Teck Resources and Elk Valley Resources, at its April 26 annual and special shareholders meeting. . ...Read More
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Dry Bulk Market: Asia’s Coal Imports Offering Support
01 Sep 2023The dry bulk market is benefiting from the increase of seaborne coal trade in Asia, with China increasing its imports considerably during the course of the year. In its latest weekly report, . ...Read More
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Coal miners forced to insure themselves amid climate concerns
01 Sep 2023Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel. . ...Read More
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Huge new coal reserves found in Jharkhand’s Ramgarh
31 Aug 2023Ranchi: Central Coalfields Limited’s (CCL0 Rajrappa area located in Ramgarh district of Jharkhand has got a new boon. . ...Read More
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Strike will affect operations at brown coal generator LEAG, German union says
31 Aug 2023Owned by Czech investor EPH and private equity group PPF Investments, . ...Read More
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Four law firms counsel on HKD5.7bn privatisation of Yitai Coal
31 Aug 2023\Four law firms assisted Inner Mongolia Yitai Coal Company (Yitai Coal) in a HKD5.7 billion (USD726 million) H-share buyback offer, making it the largest such privatisation to date. . ...Read More
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China's mine disasters threaten its energy security
31 Aug 2023In its hurry to extract coal and meet tonnage targets, China is losing an opportunity to tap the massive stores of methane that are escaping into the atmosphere from coal mines. This would go towards meeting China's fuel needs, cut emissions and make mines safer for workers . ...Read More
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Rise in captive power plants casts doubt on Indonesia’s emissions target
25 Aug 2023Coal power currently accounts for around 43 percent of Indonesia’s electricity mix, making the country one of the world’s top carbon dioxide emitters. . ...Read More
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Ample coal reserves ensure power plant stability during monsoon
25 Aug 2023As the monsoon continues, India's power plants receive a boost in stability with an assurance from Coal and Mines Minister Pralhad Joshi. . ...Read More
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Prakash Industries Ltd - Bhaskarpara Commercial Coal Mine Update
25 Aug 2023The Ministry of Environment, Forest and Climate Change, Government of India has this week granted In-principle Stage-I approval under the Forest (Conservation) Act, 1980 for its Bhaskarpara Commercial Coal Mine in Chhattisgarh. . ...Read More
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Pelma to become SECL's first opencast mine to produce coal under MDO mode
25 Aug 2023SECL’s Pelma coal mine will become the first opencast mine in Chhattisgarh to be developed under MDO (Mine Developer and Operator) mode . ...Read More
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South Africa, China sign power deals during BRICS summit
24 Aug 2023Brazil's President Luiz Inacio Lula da Silva, China's President Xi Jinping, South Africa's President Cyril Ramaphosa, India's Prime Minister Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose during BRICS summit in Johannesburg, South Africa August 22, 2023. Russian Foreign Ministry/Handout via REUTERS/ File Photo Acquire Licensing Rights . ...Read More
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India on path to reduce coal-based power in energy mix, targets over 64% renewables by 2030: CEA Chairman
24 Aug 2023India has set the target of having 500 GW of renewable energy by 2030. However, coal-based power generation ensures stable operation of the electricity transmission grid . ...Read More
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Power Ministry likely to extend coal import deadline for power plants to October 2023
24 Aug 2023Sources say that the deadline was extended on account of rising demand for power in the country led by a hot and humid August . ...Read More
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Ready to meet any demand surge, says Coal India
24 Aug 2023Kolkata, Aug 23: Coal India Limited (CIL) Chairman and Managing Director P M Prasad on Wednesday said that sufficient coal stock is available in the country and the company is ready to meet any sudden increase in demand. . ...Read More