Coal news and updates

Updated daily

• Number of U.S. Coal Mines Falls to Lowest on Record

  24 Sep 2015

  Reports of coal mining companies going bankrupt — at least 26 have done so since 2009 &mdash... . ...Read More

• Coal futures drop to $50/T first time since 2003 as Goldman calls peak

  24 Sep 2015

  Coal futures are trading at $50 a tonne for the first time since 2003 as the commodity downturn de... . ...Read More

• South Korea August thermal coal imports up 3% on y-o-y

  24 Sep 2015

  South Korean thermal coal imports for August rose 3% year on year but fell 6% from July to a three... . ...Read More

• Combined coal stocks at China’s key Bohai Rim ports up 1.1% w-o-w

  24 Sep 2015

  Combined coal stocks at China’s four key Bohai Rim ports—Qinhuangdao, SDIC Caofeidian,... . ...Read More

• Jharkhand’s coal conflicts show the lapse of land ordinance hasn’t doused the fire

  24 Sep 2015

  Badkagaon in Hazaribagh district is the epicentre of an intense land struggle in coal-rich Jharkha... . ...Read More

• Streamline approval, developmentprocess of coal mines: PwC India

  24 Sep 2015

  The approval and development process of coal mines needs to be streamlined to achieve growth produ... . ...Read More

• Essar Power may begin production at Jharkhand coal mine next year

  24 Sep 2015

  Essar Power is likely to begin the production at its Jharkhand coal mine early next year. "... . ...Read More

• Coal India plans additional 15 washeries to improve coal quality

  24 Sep 2015

  State-owned miner Coal India on Wednesday said it will further improve the quality of coal and inc... . ...Read More

• No allocation for power units till court case is resolved

  24 Sep 2015

  The central government will not offer any coal blocks to the power sector till the court directive... . ...Read More

• Power project developers reluctant to mine coal from bid-out blocks

  24 Sep 2015

  Power project developers who had bid aggressively to secure coal mines in the auctions conducted b... . ...Read More

• Capesize: spot rates have increased more than 70% during last week

  23 Sep 2015

  Dry Bulk owners, always look at September as the time that the market “signals” what l... . ...Read More

• Alpha Natural Resources to close three CAPP met coal mines

  23 Sep 2015

  Paramont Coal, a subsidiary of Alpha Natural Resources, said Monday it will shut three metallurgic... . ...Read More

• Glencore Slumps to Record Low as Mining Losses Pick Up Speed

  23 Sep 2015

  The rout across metals and mining shares accelerated as evidence of China’s slowdown renewed... . ...Read More

• European Coal Prices Slump to a Record Low

  23 Sep 2015

  European coal for 2016 dropped below $50 a metric ton for the first time amid slumping demand from... . ...Read More

• Indonesia: new regulation applies final income tax to mineral and coal sales

  23 Sep 2015

  To increase state revenue from the mining sector, the Government of Indonesia has imposed a new fi... . ...Read More