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"
Wednesday, April 1, 2009
China Shenhua Energy Co., the nation’s leading coal producer may post a record profit for a second year in 2009 as government efforts to boost economic growth and rise in demand for the fuel. For full story, click here
Continue reading "China Shenhua forecasts record net as stimulus boost coal use"
Tuesday, February 17, 2009
Market is still not sure how and when the US economic stimulus plan would stir up the weakening demand. For full story, click here
Continue reading "Market not sure about US economic stimulus plan"
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Monday, April 27, 2009