Archive for the ‘Coal’ Category

Severstal Acquires Controlling Stake In High River Gold

Saturday, November 22nd, 2008

A subsidiary of Severstal (LSE: SVST), the Russian mining group, added High River Gold to its growing list of acquisitions. Yesterday High River Gold announced that Severstal had participated in a heavily dilutive share placing that would take its equity stake to 50.1%. Severstal took approximately 282.3 million shares ...

Research and Markets: Mining Industry - Global Strategic Business Report Includes Indexed, Easy-To-Refer, Fact-Finder Directory Listing

Thursday, November 20th, 2008

Research and Markets has announced the addition of the "Mining Industry - Global Strategic Business Report" report to their offering. The global outlook series on the Mining Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird's eye view of the ...

Beacon Redevelopment Industrial Corporation Completes Purchase and Development Agreements of its Coal Mining Rights and Receives Valuation Estimates

Wednesday, November 19th, 2008

Beacon Redevelopment Industrial Corporation (Pink Sheets: BCND) today announced that it's wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick ...

Second Top-Flight Delegation Taps into North Mining Expertise

Thursday, November 6th, 2008

The Journal - Newcastle-upon-Tyne)trackingANOTHER foreign delegation has travelled to the North East to tap into the region's mining and land restoration expertise. North East mining, property and renewable energy developer the Banks Group hosted a dozen delegates from Fangshan district, near Beijing, with a particular focus on transforming brownfield sites into ...

India, Australia in pact to promote investment in coal sector

Thursday, November 6th, 2008

India and Australia entered into a collaboration to boost trade and investment in the coal sector by focusing on upcoming mining techniques and services, coal to liquid and coal-bed methane projects, an official statement said. The agreement is a white paper on "Action Plan for Indo-Australian collaboration on the Coal Sector", ...

Massey lowers price, coal production expectations

Saturday, November 1st, 2008

Despite the slowing economy, coal producer Massey Energy Co. remains committed to an ambitious expansion plan that added 15 new mines over the past year, company officials said Friday. The Richmond, Va.-based company also expanded seven existing mines, hired almost 900 miners and bought a fleet of surface mining equipment over ...

Price rise and output boost coal firm profit

Tuesday, October 28th, 2008

CHINA Coal Energy Co, the nation's second-largest coal producer by sales, posted a third-quarter profit of 2.19 billion yuan (US$320 million) on increased output and higher fuel prices. The company didn't give a year-earlier figure or a sales number in its a Hong Kong stock exchange statement on Friday. Chinese coal-mining companies ...

IEPA: Streams near Deer Run coal mine would be restorable

Tuesday, October 28th, 2008

Illinois Environmental Protection Agency staff members believe streams in the “shadow area” of the proposed Deer Run coal mine can be restored if the mine project proceeds, people attending a hearing Thursday were told. The impact of Hillsboro Energy’s proposed Deer Run coal mine on area streams and wetlands was the ...

Qld farmers take on coal industry

Monday, October 27th, 2008

Friends of Felton (FoF) organised two very successful film and information evenings in Pittsworth and Toowoomba on October 1 and 2. One hundred and ninety people attended, including several councillors. The event was called “Coalmining in our backyard — How will it affect us? What can we do?” Rivers of Shame ...

Energy firm probes coal-bed methane prospects in Botswana, Zimbabwe

Friday, October 24th, 2008

Botswana may soon have its first coal-bed methane gas development project following the discovery of what has been described as an "unexpected occurrence" by Nyati Resources, a wholly owned subsidiary of Zulu Energy Corporation, of the US. Zulu Energy is a Denver-based energy and exploration company focused on the discovery and ...