BHP Coal Miners To Strike
Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.
Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.
Reuters reported that Mozambique said its Tete province is overloaded with coal projects and no more licenses will be issued.
Platts reported that New South Wales will collect higher coal mining royalties to offset Australia's carbon tax.
Forbes reported that a bullish outlook for coal caused coal miner shares to rise.
China has discovered a new coal field containing more than 13 billion tonnes of proven coal reserves in the northwestern region of Xinjiang, the China News Service reported on Monday. The 1,400 square-kilometre Sha'erhu coal field, located in the county of Shanshan in eastern Xinjiang
Rio Tinto recently gave a big break to JSW Steel Ltd. on an existing contract. The mining major’s move to cut its coking coal prices for the Indian company by 43 percent are a dark sign of things to come for coking coal miners.
The International Energy Agency has released its World Energy Outlook report. In reaction to steadily rising demand, the agency is confident that coal will continue its role as the main source of power for much of the world at least until 2030 and will outshine all other energy sources.
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