Coal Insight - Mining Weekly

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COAL ROUNDUP THIS WEEK 14th September 2012       Coal royalties hike to cost more Queensland jobs, industry warns The Queensland Resources Council (QRC) on Tuesday lamented the increase of royalties in Queensland, saying it would mean more job losses for the industry and, further, that it risked mine closures. Treasurer Tim Nicholls on...   BHP silent on report of 24% cut in coking coal prices to Japan Top global coking coal exporter BHP Billiton declined on Thursday to comment on a report that it has agreed to a 24% cut in coking coal prices to... Railway investments needed to cope with Zimbabwe coal growth In its current state, Zimbabwe's railway network would not be able to accommodate the anticipated growth in the country's coal sector, Zimbabwe... Ncondezi Coal eyes 2017 start-up for Mozambique power project Aim-listed Ncondezi Coal on Thursday published the results of a definitive feasibility study (DFS) on a proposed 1 800 MW mine-mouth coal-fired... Continental Coal receives nonbinding offers for thermal assets Junior miner Continental Coal is advancing discussions with potential buyers to sell either a stake, or its entire thermal mining business in South...         SouthGobi fires CEO days after Chalco drops bid SouthGobi Resources fired CE Alexander Molyneux just more than a week after Aluminium Corp of China (Chalco) dropped a $926-million bid for the... West Virginia man who fought coal mining practice dies An environmental activist from West Virginia who fought a coal-mining technique that flattened mountains, died on Sunday at age 66, according to...
Sasol looks to build $14bn 'Secunda-scale' complex in Louisiana South African energy and chemicals producer Sasol is gearing up for a $20-billion, multiproject investment into North America over the coming... ZYL secures A$18m in funding Emerging anthracite producer ZYL has secured A$18-million in financing to increase its shareholding in the Mbila project, in South Africa and to... Cliffs announces management shake-up to oversee organic growth North America's largest iron-ore pellets producer Cliffs Natural Resources on Thursday named CFO Laurie Brlas as its new president and executive... November start for Mongolian mine ASX-listed Guildford Coal was expecting coal production from its Mongolian operation to start in November this year, after its 75%-held subsidiary...         Wescoal Mining names CEO JSE-listed Wescoal Holdings said on Monday that Dutch Botes has been appointed the CEO of its mining subsidiary with effect from November 1. A... Keaton Energy appoints new CEO JSE-listed coal miner Keaton Energy appointed Mandi Glad as its CEO, effective immediately. Glad is one of the founders of Keaton Energy and has... Wilkie Creek sale going ahead - Peabody US energy major Peabody Energy on Friday rejected claims that it had shelved the sale of its Wilkie Creek coal mine, in Queensland, as commodity... Calls for nationalisation grip India in season of resource scams Resource nationalism was gaining traction among Indian political parties and trade unions, cornering the Prime Minister Manmohan Singh-led...

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