Coal Stocks News

GFG Alliance buys Glencore's Tahmoor coal mine

January 02, 2018 / Coal mining news

GFG Alliance has bought Glencore's Tahmoor coking coal mine in Australia in a move aimed at securing the future of Arrium, the troubled steel and mining company it acquired last year. Sanjeev Gupta, the Liberty House metals tycoon whose family owns GFG, said the deal represented a step forward in its

Protest for jobs, rehabilitation hits MCL coal mining

January 02, 2018 / Coal mining news

Times Of India reported that coal production and transportation in Bhubaneswari, Ananta and Jagannath coal mines under Mahanadi Coalfields Limited were disrupted on Thursday owing to protest by the affected people demanding jobs, compensation and rehabilitation. "Hiloi villagers under Talcher

Sanjeev Gupta buys NSW coal mine from Glencore

January 02, 2018 / Coal mining news

British billionaire Sanjeev Gupta has expanded his Australian operations once again, buying the Tahmoor coal mine in New South Wales from commodities giant Glencore. The deal, announced on Tuesday afternoon, will see Mr Gupta's GFG Alliance - which combines his Liberty House investment vehicle

Tourism to become pillar industry in China's coal-rich province

January 02, 2018 / Coal mining news

TAIYUAN, Jan. 2 (Xinhua) -- The northern Chinese coal-rich province of Shanxi has issued regulations to establish tourism as its main economic development impetus in a bid to further detach itself from its traditional coal mining industry. According to the provincial tourism regulations, effective Monday, the

US coal mining deaths surge in 2017 after hitting record low

January 02, 2018 / Coal mining news

CHARLESTON, W.Va. - Coal mining deaths surged in the U.S. in 2017, one year after they hit a record low. The nation's coal mines recorded 15 deaths last year, including eight in West Virginia. Kentucky had two deaths, and there were one each in Alabama, Colorado, Montana, Pennsylvania and

Coal mining remains significant source of revenue for Montana

January 02, 2018 / Coal mining news

The federal government also collects royalties on every ton of coal mined on federal lands. About half of the royalty revenues are forwarded to the state of Montana. That money goes into the state's general fund, with 25 percent going to a minimal impact account dedicated to local governments. In fiscal year

Exhibit to focus on coal mining in Frontenac

January 01, 2019 / Coal mining news

The Miners Hall Museum, 701 S. Broadway in Franklin, will give visitors a snapshot of Frontenac's coal mining history during its first quarterly

The high human, ecological cost of rat-hole mining

January 01, 2019 / Coal mining news

Over the years, indiscriminate mining of coal, especially in the state, has taken a toll on its ecology and put many lives at risk. Mint analyses the

Moving Beyond Fossil Fuels: Spain to Shutter All Coal Plants in 2019

January 01, 2019 / Coal mining news

Over 2,000 workers will be affected by the closures, an employment number significantly lower than the 51,420 estimated coal mining industry

Coal mining executive blasts US regulators for rejecting subsidies

Jan. 9, 2018 / Coal mining news

WASHINGTON (Reuters) - Robert Murray, the chief executive one of America's largest coal mining companies, criticized U.S. regulators on Tuesday for rejecting the Trump administration's proposed subsidies for aging coal and nuclear power plants - saying the decision could lead to higher electricity costs

Another coal mine tragedy in Meghalaya: 2 miners found dead

Jan. 7, 2019 / Coal mining news

SHILLONG: The bodies of two miners were recovered from an illegal coal mine located at a remote village in Meghalaya's East Jaintia Hills

Coal mining saw 2017 boost but long-term outlook still shaky

Jan. 5, 2018 / Coal mining news

(AP) - Coal companies in the United States boosted production of the fuel in 2017 to reverse a two-year decline. The U.S. Energy Information Administration said Thursday that companies mined 771 million tons of coal through Dec. 30, a 6 percent increase versus 2016. Wyoming, the largest coal state,

Coal dwarfs battery metals in mining deals despite war on pollution

Jan. 5, 2018 / Coal mining news

Steel-making, which uses iron ore and coking coal, accounts for an estimated seven percent of industrial direct CO2 emissions, industry figures show. For the mining sector, the minerals offer an established way of making money when ultra-low official interest rates mean relatively cheap funding is available

Five-year report assesses impacts under 25-year-old mining law

Jan. 4, 2020 / Coal mining news

Mining statistics compiled in the fifth Act 54 assessment show 49 active underground bituminous coal mines owned by 11 companies operated

Fifteen Indian coal miners trapped, likely killed, in mine disaster

Jan. 4, 2019 / Coal mining news

The bodies of 15 workers have remain trapped inside an illegal "rat-hole" coal mine at Ksan village in the northeastern Indian state of

Three Miners Dead In Eleven Days: Grim December Caps Year In ...

Jan. 4, 2019 / Coal mining news

Just a few months ago, the U.S. coal mining industry was on track for its safest year in history. But in an eleven-day span in late December,

Trump's perennial “war on coal” claim, fact-checked

Jan. 30, 2018 / Coal mining news

As for coal, mining jobs have crashed from a high of 800,000 workers in the 1920s to about 76,000 today. Meanwhile, coal consumption is falling too. Automation in coal mining and competition from other energy sources like natural gas and renewables have caused the sector's decline; regulations have

Coal mining deaths rise after record low in 2016

Jan. 3, 2018 / Coal mining news

Coal mining deaths in the U.S. nearly doubled last year, after a record low in 2016, according to data from the Mine Safety and Health Administration. There were 15 people killed in coal mining jobs in 2017 versus eight in 2016. Despite the increase, mining deaths have been steadily declining for several

US Coal Mine Deaths Rise After Record-Low 2016

Jan. 3, 2018 / Coal mining news

U.S. coal mines recorded 15 workplace deaths in 2017 only a year after they hit a record low, according to Mine Safety and Health Administration data released on Tuesday. In 2016, just nine deaths occurred in U.S. coal mines. West Virginia mines saw eight deaths, Kentucky had two, and one each

Former coal miner says Jan. 28 is anniversary of an economic ...

Jan. 27, 2019 / Coal mining news

For some people, today might mark an anniversary or birthday, but for Steve Drake of New Waterford it signifies the "economic homicide" of

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