Industry News

  • Time to buy coal stocks?

    25th July 2013
    Major coal companies, including privately owned US giant, Peabody Energy, say that the falling Australian dollar and operating costs are making coal look more and more enticing.
  • QRC launches reef campaign to counter green 'hysterics'

    25th July 2013
    The Queensland Resources Council has launched a public awareness campaign to "set the record straight" on the future of the Great Barrier Reef and the continuing prosperity of more than one million Queenslanders who live and work adjacent to it.
  • Coal Stocks Are Back

    24th July 2013
    BTU's surprise beat could be a sign of a sector
  • Australian PM looks to change carbon tax

    17th July 2013
    /enpproperty-- Australia's Prime Minister Kevin Rudd said on Tuesday that a deeply unpopular carbon tax will be replaced by a less severe emissions trading scheme a year ahead of schedule, in a bid to lower power bills for households as a tight national election looms.
  • Rio starts production at the Kestrel coal mine extension

    12th July 2013
    Coal production has begun at Rio Tinto's US$ 2 billion Kestrel mine extension. According to the miner, this new extension will add another two decades to the life of the Kestrel project, which is currently Rio Tinto's only underground coal operation and has been in operation since 1999.
  • India Set To Surpass China As World's Largest Coal Importer For Use In Power Plants

    28th June 2013
    India is set to overtake China as the world’s largest importer of coal used in power plants, as the country battles chronic power shortages that are crippling its growth while domestic sources of natural gas are being depleted at an alarming rate.
  • Stanmore adds to Lilyvale acreage

    17th June 2013
    PERTH (miningweekly.com) – ASX-listed junior Stanmore Coal has expanded its Lilyvale coking coal project with the acquisition of another exploration licence in the area for A$125 000.
  • Coal is an answer to Pakistan power woes

    11th June 2013
    Pakistan is reeling under its worst power crisis, which has reduced the industrial output and economic growth of the country. Long blackouts have made the lives of 180 million Pakistanis miserable.
  • The Development Strategy for Coal-Fired Power Generation in China

    4th June 2013
    Coal is the Foundation of the Energy Mix in China China is the largest coal producer and consumer in the world.
  • South Korea's KEPCO to build coal-fired power plant in Senegal

    17th May 2013
    DAKAR | Thu May 16, 2013 11:06am EDT DAKAR May 16 (Reuters) - South Korean power firm KEPCO has signed a deal to build a 250 megawatt coal-fired plant in Senegal, part of the West Africa state's efforts to cut reliance on oil- and diesel-fired generation, public utility Senelec said on Thursday.