Australian floods send coal prices soaring

Wednesday, December 29, 2010

The Telegraph.com reports that the excessive rain in Australia has sent coal prices up.

Arrow Energy Invites Tenders FEED Contract for LNG Plant

Wednesday, December 29, 2010

Arrow Energy (CVE:AOF) Ltd. announced that it is extending an invitation for tenders for the first phase of its’ coal seam gas-liquefied natural gas (LNG) facility

Indonesia eyes $2.25 billion investment in coal, mining sectors

Wednesday, December 29, 2010

Platts.com reports that Indonesia plans to invest heavily in the coal sector

Mongolia demands upfront payment for Tavan Tolgoi-paper

Tuesday, December 28, 2010

Mining Weekly.com reports that miners interested in Mongolia’s Tavan Tolgoi mine will be required to submit a proposal with payment to secure the deal.

CIL production to fall short of target

Tuesday, December 28, 2010

Steel Guru.com reports that Coal of India’s production targets will not be met.

Central China faces power deficit; body says coal ample

Tuesday, December 28, 2010

Reuters.com reports that China is facing power supply problems

ICVL May Consider Buying Stake in Riversdale Mining

Tuesday, December 28, 2010

Bloomberg.com reports that ICVL is looking at buying a stake in Riversdale Mining (ASX:RIV).

Prophecy Announces Closing of $42 Million Offering

Monday, December 27, 2010

Prophecy Resources (CVE:PCY) announced that it has closed an offering of offering of 49,475,000 Common Shares

Cline Mining receives MSHA approval on coal mining plan

Monday, December 27, 2010

Steel Guru.com reports that the Cline Mining Corporation announced that the United States Mine Safety & Health Administration has approved a mining plan, which would allow underground miners to drive into and mine coal from their New Elk Coal Mine

Coal racking up record shipments

Monday, December 27, 2010

The Chicago Sun Times.com reports that Alaska has been reporting record shipments of coal.

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