Coal news and updates

Updated daily

• Peabody announces billion dollar quarterly loss

  30 Jul 2015

  Peabody Energy, the largest private-sector coal mining company in world, announced a loss from con... . ...Read More

• More coal, even more imports

  29 Jul 2015

  THE term black gold for coal is most apt in India where it is the most critical domestic energy re... . ...Read More

• China may further toughen restrictions on coal imports, Wood Mackenzie says

  29 Jul 2015

  Australia's struggling coal miners need to brace for several more years of low prices before t... . ...Read More

• Indonesian high CV thermal coal still commands premium in Japan

  29 Jul 2015

  Indonesian high-grade thermal coal sold on term contract is still commanding a premium in Japan to... . ...Read More

• Meralco unit earmarks $1.2B for equity in 3 coal power plants in The Philippines

  29 Jul 2015

  The Meralco group is investing $1.2 billion in three coal-fired power plants to be developed over ... . ...Read More

• Fall in Natural Gas Prices Keeps US Coal under Pressure

  29 Jul 2015

  Natural gas prices In spite of the lower-than-expected inventory addition, natural gas prices fe... . ...Read More

• Will US Coal Producers Benefit from Sub-$50 WTI Crude Oil?

  29 Jul 2015

  WTI (West Texas Intermediate) crude oil prices continued to fall during the week ended July 24 and... . ...Read More

• Miner Arch Coal postpones reverse stock split by one week

  29 Jul 2015

  Miner Arch Coal said it had to postpone by one week its planned 1-for-10 reverse stock split of co... . ...Read More

• Fitch downgrades Peabody on weak coal market

  29 Jul 2015

  Fitch Ratings has downgraded Peabody Energy’s Issuer Default Rating to CCC, indicating its v... . ...Read More

• Cloud Peak prepares to move dragline

  29 Jul 2015

  Wyoming coal mining company, Cloud Peak Energy, is preparing to move a dragline from its Cordero R... . ...Read More

• Eskom open to coal imports for new power stations

  29 Jul 2015

  Eskom is open to importing coal for plants it still plans to commission, a coal conference heard o... . ...Read More

• CoAL reports updates during 2Q15

  29 Jul 2015

  CoAL reports updates on the Makhado project, the Mooiplaats colliery, the Vele colliery and the Gr... . ...Read More

• Coal auction nets 31 bids for 10 blocks

  28 Jul 2015

  The government has received 31 bids for 10 coal blocks that will be offered in the third round of ... . ...Read More

• Industry majors in race to grab 10 coal blocks on offer

  28 Jul 2015

  Industry biggies like JSW, Hindalco, Jindal Iron and Steel and Vedanta would compete with each oth... . ...Read More

• Successful third-party sampling likely to reduce import of coal

  28 Jul 2015

  After third-party sampling of coal led to delivery of better quality dry fuel and, consequently, t... . ...Read More