China Mining declared that China has made progresses in building large coal production bases with 13 leading coal production bases approved by the state making up 83% of the national coal output. For full story, click here
State-owned utility National Thermal Power Corporation and the leading coal producer Coal India are in advanced stages of acquiring mining assets in Mozambique, Indonesia and Australia, as the new government firms up plans to meet the growing energy demand. For full story, click here
Weighed down by the Rs 4,000 crore per annum on account of the upward revision in salaries of its 400,000 employees under the National Coal Wage Agreement, Coal India Limited is set to go in for an across-the-board hike in coal prices. For full story, click here
Philippine electricity producer National Power Corp. announced that it has awarded a contract to oil and gas explorer PNOC-Exploration Corp to supply 100,000 tonnes of coal to the state-run power firm. For full story, click here
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 [...]
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