Tokyo Electric Power Co forecasted higher consumption of oil and coal in the next business year assuming there would not be a restart of its quake-hit nuclear plant. For full story, click here
Read the full article: "Japan's TEPCO sees coal use in 2009/10"
Tuesday, March 31, 2009
Sophia Power, Adani Power, KSK Power and Monnet Ispat reported that they are in the race for participating in NMDC’s thermal coal venture. For full story, click here
Read the full article: "Mittal, Adani bid for NDMC coal venture"
Tuesday, March 31, 2009
Nippon Steel Corp., Japan’s largest mill declared that it has won a 63 percent cut in pulverized coal contracts. For full story, click here
Read the full article: "Nippon Steel won price cut in pulverized..."
Tuesday, March 31, 2009
After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.
Read the full article: "Coal Sees Glimmer Of Light"
Monday, March 30, 2009
Brazillian mining giant Vale has commenced construction work on a $1.3bn coal project in northern Mozambique, with a view to producing 11m tonnes of coal per year. For full story, click here
Read the full article: "Vale starts off $1.3bn Mozambique coal..."
Sunday, March 29, 2009
National Coal Corp., a Central and Southern Appalachian coal producer announced that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal. Daniel A. Roling, President and CEO at National Coal Corp. stated: Like the rest of the country, the [...]
Read the full article: "National Coal Corp. reported Q4 and year end..."
Sunday, March 29, 2009
China’s top coal-producing province, Shanxi has reported that it plans to produce 650 million tonnes of raw coal in 2009, down 2 percent from the previous year. For full story, click here
Read the full article: "China's top coal province to curtail..."
Friday, March 27, 2009
China Datang Corp, one of the country’s five leading power generators, has been given the go-ahead to expand into the coal-mining business. For full story, click here
Read the full article: "China Datang given a go-ahead to coal mining..."
Thursday, March 26, 2009
The Committee that has been constituted to determine compensation for the resettlement of 406 affected families of Barapukuria in Dinajpur coalmine project in Bangladesh is likely to submit its report this week. For full story, click here
Read the full article: "Barapukuria coal mine affected families to..."
Thursday, March 26, 2009
BHP Billiton Ltd has slashed nearly 400 jobs held by outside contractors at coal mines in Australia. For full story, click here
Read the full article: "BHP Billiton laid off 400 coal mine workers"
CoalInvestingNews.com maintains a focus on Coal exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Coal Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on coal trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, March 31, 2009