State-run Coal India Ltd. has inked a pact with Oil and Natural Gas Corp. to pursue the study of underground coal gasification.
Junior Minister for Coal Santosh Bagrodia said in a statement CIL entered into a memorandum of understanding with ONGC to jointly pursue a pilot-scale study for underground coal gasification.
He said ONGC, in turn, signed […]
Leases on vast state-owned coal tracts in southeastern Montana will be offered for bid by the end of the year, but possibly not in time to fulfill an investment bank’s request for an expedited timeline, state officials said.
A London-based bank, Rothschild, had requested the state put the Otter Creek coal tracts near Ashland up for […]
Montezuma Mining announced that it has successfully negotiated an agreement with Dolphin Resources to acquire their 10% interest of the Mt Padbury licence E52/1529. In consideration for Dolphin’s remaining interest, Montezuma will issue to Dolphin 400,000 fully paid shares and 100,000 options exercisable at $0.20. The licence is highly prospective for gold, manganese and iron […]
China Coal Energy, the country’s No. 2 coal producer, is exploring investments in Australia and Indonesia while it doubles spending to ramp up production and feed the world’s largest coal market.
China Coal, the country’s largest coal producer after Shenhua Energy, also expected to export about as much of the hydrocarbon this year as it did […]
Indonesia plans to limit the area that metal and coal miners can explore to prevent domination by a few companies, a legislator said on Monday, a move analysts said could hurt already poor levels of investment.
Indonesia has some of the world’s largest deposits of coal, copper, tin, nickel and gold, and is keen to earn […]
PT Adaro Indonesia, the country’s number two coal miner, expects its coal production to increase by about 5 percent to 40 million tonnes this year, an Adaro shareholder said on Tuesday.
Sandiaga Uno, whose investment fund Saratoga Capital owns 32 percent of the coal mining firm, said that Adaro is “still on track” to raise between […]
Mechel, a leading Russian mining and metals company, said on Thursday it had acquired 95.69% of shares in the UK-based Oriel Resources Plc, which owns assets in Russia and Kazakhstan.
Mechel made a $1.498 billion purchase offer to Oriel, a London-based chrome and nickel mining and processing company valued at around $1.2 billion, in late March. […]
The deposit, in the Republic of Buryatia in Russia, makes up one section of the larger Okino-Klyuchevsky coal field, which has 200 million tonnes of reserves and is about 120 km (75 miles) - MOSCOW, April 16 - Russian electricity producer OGK-3 has won a tender to develop a coal field with reserves of 33.8 […]
Japanese gas utilities want to provide Indonesia with technology that would allow it to produce gas from coal, in exchange for a stable supply of liquefied natural gas to Japan, a senior industry official said Thursday.
“Coal-to-gas technology has been there for a decade or so,” said Kunihiro Mori, managing director of the Japan Gas Association. […]
Greenpeace activists dumped 200 kilos of coal at the entrance of the Department of Environment and Natural Resources (DENR) on Thursday and unfurled a banner with the message “Atienza, don’t be a climate criminal.”
The activists are demanding that Secretary Lito Atienza immediately reject all plans to construct a dangerous coal-fired power plant in Iloilo City.
Instead […]