by Gordon Barratt | May 19, 2020 | News
A truck enters a mine belonging to the now-bankrupt Revelation coal company. Coal company American Resources Corporation, which owns mines in Kentucky and West Virginia, is facing sanctions after failing to comply with a bankruptcy court’s orders, even after the...
by Gordon Barratt | May 19, 2020 | News
Union Minister of Coal and Mines, Pralhad Joshi said that there is no question about the privatization of Coal India. He said, “Coal India will achieve 1 billion tonnes coal production by 2023-24. I also assure my brothers that Coal India as on date has enough...
by Gordon Barratt | May 19, 2020 | News
Global miner Glencore Plc and Japan’s Tohoku Electric Power agreed on a price of $68.75 per tonne for thermal coal from Australia for the year through March 2021, a source with direct knowledge of the matter said on Monday. The price, which serves as an industry...
by Gordon Barratt | May 18, 2020 | News
Kangala Colliery in South Africa. Image: Universal Coal. TerraCom has tightened its hold on Universal Coal as it moves to acquire all of the shares it does not already own in the company. After receiving more than 92 per cent of Universal Coal shareholders’ votes on...
by Gordon Barratt | May 18, 2020 | News
The Minerals Council of Australia (MCA) has awarded scholarships to three women in the minerals industry to help them secure company board positions. The $12,000 scholarships will be used toward completing the company directors course at the Australian Institute of...
by Gordon Barratt | May 18, 2020 | News
The government opening coal mining for the private sector would ensure better availability of coal and attract foreign investment in the sector, industry experts said on Saturday. Finance Minister Nirmala Sitharaman in her fourth tranche of the economic package...