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The rally in coal that lifted prices from the lowest in almost four years is forecast to end as greater exports from Australia to Colombia expand a supply glut. The surplus will swell by 20 percent to 6 million metric tons next year, Credit Suisse
Chinese companies are on the hunt to buy overseas coal mines as Beijing's switch to cleaner fuels stokes demand for higher-quality coal produced in countries such as Australia, according to people familiar with the firms' strategies. A renewed
Ian Dunlop worked for energy giant, Shell, for decades, and was the head of the Australian Coal Association. Now he has turned environmental activist and he is challenging the world's biggest miner, BHP Billiton, to do more to tackle global warming.
Ian Dunlop will tell BHP Billiton's shareholders this week that the company is headed for oblivion unless it acts on climate change. Mr Dunlop faces an uphill battle in becoming the 14th member of a board that recommended against his election. He
Queensland mine will slash 200 jobs, blaming a coal price slump. British-based Anglo American's Dawson mine, near Moura, has announced it will cut contractors and make permanent staff redundant, with only a portion to be voluntary. The mine's general
Leighton Holdings has won a $249 million contract to provide services to the Isaac Planes coal mine in Queensland's Bowen Basin. The three-year contract includes the operation of a dragline and the supply and maintenance of mobile plant and equipment.
The fifth and final public hearing on the environmental impact statement for proposed coal export terminal at Longview was one more chance for environmental and business groups to face off Thursday at the Tacoma Convention Center. Hundreds of
posted earnings of $0.33 a share in the second quarter, up from a loss of $0.09 in the first quarter. However, the second quarter could well be the high-water mark for the year. Continued weak markets Although there are positive trends taking shape
In New South Wales the projects include large and controversial projects such as Watermark near Gunnedah, the Cobborah mine north-east of Mudgee and the Coalpac consolidation project near Lithgow. In Queensland, the "water trigger" has been invoked
It estimates that over 1.3 billion people live in energy poverty, lacking "access to modern energy services." As developing nations modernize their infrastructures, coal is playing a big part in alleviating this energy deficit. You don't know what