Annual Report UK Coal Mining Company Loses £ 115m



February 11th, 2010 | File Under : Coal - Companies - Mining Exploration

UK Coal, the largest coal mining company owned by British state. UK Coal is a mining company develops coal mining exploration projects and development of mining properties. The last few years the UK coal mining companies faced technical problems and development of coal production at several mining sites.

Jameson Resources Finalising Feasibility At Basin Thermal Coal Mine



February 3rd, 2010 | File Under : Coal - Companies - Mining Exploration - Trade & Market

Jameson Resources is preparing to wrap up the company’s feasibility on expanded mine case at the Basin Thermal Coal Mine in British Columbia, Canada next month, according to its latest quarterly report.

The Company together has identified opportunities for revised operating cost assumptions in an expanded mine case scenario with a relatively minor impact on start up capital.

Optimum Coal Plans Johannesburg Listing To Raise Capital



February 3rd, 2010 | File Under : Coal - Companies - Energy - Mining Exploration

Optimum Coal Holdings Ltd., a coal mining concern owned by black South Africans, Monday said it plans to float on the Johannesburg bourse during the first half of the year in order to raise capital.

The company has applied to list its shares on the main board of the JSE Ltd., and said a prospectus including full details of its offer will be published in due course.

Thermal Coal Sales Contract Between Yanzhou Coal And Shandong Increase 21.2 Percent



February 2nd, 2010 | File Under : Coal - Companies - Energy - Mining Exploration

Yanzhou Coal is largest mining company in China, Yanzhou coal mining company has several coal mining exploration sites in the province of China. One of coal mining exploration site’s Yanzhou Coal in Shandong China Province.

Mozambique Approved Environmental Impact Study To Build Coal-Fired Power Plant In Benga, Tete



February 2nd, 2010 | File Under : Coal - Companies - Energy - Mining Exploration

Mozambique Government has approved the environmental impact study for the construction of coal-fired power plant in Benga region, Tete Province. Development of coal-fired power plant will be done by Riversdale mining company. Project coal-fired power plant using coal as Benga energy power plants. Development of coal-fired power plant carried out in two stages.

Joint Venture Coal Mining Company MEC Supply Coal To Tata Power



February 2nd, 2010 | File Under : Coal - Companies - Energy - Trade & Market

coal mining companies joint venture coal mines explorationMiddle East Coal (MEC) is a joint venture between the coal companies United Arab Emirates, RAK Minerals and Metals...

Brookfield To Expand Coal Capacity At Dalrymple Bay



December 22nd, 2009 | File Under : Coal - Companies - Mining Exploration

Brookfield Asset Management, the group that rescued Babcock & Brown Infrastructure (BBI), plans to expand the capacity of the Dalrymple Bay Coal Terminal to capture the benefits of the next commodity boom.

Brookfield’s Toronto-based chief executive, Bruce Flatt, will tour the coal loading facility near Mackay in north Queensland this week, after the company paid $295 million for a 49.5 per cent stake in the asset last month.

Coal Stocks Fail to Break Out Despite Bullish Calls



December 20th, 2009 | File Under : Coal - Companies - Mineral Exploration

Optimistic coal calls have been pouring in since October, but the segment has failed to break out.

Back in October Barron’s gave coal stocks a lift when it noted that global coal usage is projected to increase by 55% by 2025. Later in the same month, Bloomberg reported that Chinese coal imports tripled year-over-year from August to September, but a brief dollar rebound was weighing on commodity stocks. The dollar has since resumed its slide against global currencies, and according to The Wall Street Journal, China’s government is looking to overhaul its coal sector out of...