The public sector Coal India Ltd. has planned to import around four million tonnes of coal within this fiscal, CIL Director, Marketing, A. K. Sarkar, said. Given the lower calorific value of Indian coal, the proposed quantum is equivalent to six million tonnes of domestic coal. For full story, click here
Continue reading "Coal India will import 4 mln tonnes"
Tuesday, July 14, 2009
Decrying the low prices of the industrial fuel, the coal ministry will approach PM Manmohan Singh next month for raising the domestic selling price, which are one-third the international levels now. For full story, click here
Continue reading "PM nod has sought hike in Coal Prices"
Friday, June 19, 2009
Limited rail capacity and poor port infrastructure are frustrating the ambitions of Russia’s leading coal producers to raise exports quickly to make up for weak domestic demand during the country’s slump. For full story, click here
Continue reading "Transport Problems have held back Russian Coal Exports"
Thursday, June 18, 2009
Russian coal miner Raspadskaya has aimed to steadily raise coal exports as domestic demand remains weak and prices improve slowly. Deputy Chief Executive Alexander Andreyev stated: We need to change our strategy by expanding exports step by step. For full story, click here
Continue reading "Russian Coal Miner Raspadskaya is aiming to raise coal exports"
Thursday, June 18, 2009
Ennore Coke Ltd, a domestic maker of coking coal, has finalised the annual coking coal contracts commenced from April 1 this year with its international suppliers Rio Tinto and BHP Billiton Mitsubishi Alliance, a joint venture of BHP Billiton and Mitsubishi Development Pty Limited. Ganesan Natarajan, president and chief executive officer, Ennore Coke Ltd told [...]
Continue reading "Ennore Coke has clinched Coking Gas Deals with Rio, BHP"
Wednesday, June 17, 2009
The government will slash nearly by half the import duty levied on heavy and light equipment used for mining coal in line with the accounts for approximately 60% of domestic energy supplies. For full story, click here
Continue reading "Sharp Import Duty cut is likely to remain on items for Mining Coal"
Wednesday, May 20, 2009
South Korea’s imports of heating coal in April dipped 22 percent from a year earlier on bearish demand from domestic utilities. For full story, click here
Continue reading "South Korea's Coal Imports in April dipped 22%"
Monday, April 27, 2009
The U.S. Interior Department has said it will try to overturn a Bush administration rule that made it easier for coal mining companies to dump mountaintop debris into valley streams. The action is the latest blow to the coal industry, which defends mountaintop mining as a safer, cheaper alternative to traditional underground mining.
Continue reading "Obama To Reverse Bush Rule On Coal"
Thursday, April 2, 2009
Reports reveal that the Mozambique coal block allotted recently to Coal India Ltd. is likely to go into production over the next two-to-three years. With initial estimated reserves of 1 billion tonnes, coal will be imported to cater to the domestic demand from customers in western India. For full story, click here
Continue reading "CIL's Mozambique coal block to go into production"
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, August 11, 2009