Australian floods send coal prices soaring
The Telegraph.com reports that the excessive rain in Australia has sent coal prices up.
Archive for 2010
Arrow Energy Invites Tenders FEED Contract for LNG Plant
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
Platts.com reports that Indonesia plans to invest heavily in the coal sector
Mongolia demands upfront payment for Tavan Tolgoi-paper
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
Steel Guru.com reports that Coal of India’s production targets will not be met.
Central China faces power deficit; body says coal ample
Reuters.com reports that China is facing power supply problems
ICVL May Consider Buying Stake in Riversdale Mining
Bloomberg.com reports that ICVL is looking at buying a stake in Riversdale Mining (ASX:RIV).
Prophecy Announces Closing of $42 Million Offering
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
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
The Chicago Sun Times.com reports that Alaska has been reporting record shipments of coal.
