The price and the deal are still subject to regulatory approval, the company said. (Reporting by Langi Chiang; Editing by Lucy Hornby and Edmund Klamann) - BEIJING, April 16 - China’s Zhengzhou Coal Industry & Electric Power Co will issue up to 400 million shares to its parent to buy coal mines and other assets […]
The senior vice president for safety and human resources at coal producer Foundation Coal Holdings Inc. exercised options for 9,300 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Monday.
In a Form 4 filed with the SEC, Michael R. Peelish reported he exercised options for the shares […]
Lobbyists have reported spending more than $789,000 during the ongoing debate over two proposed coal-fired power plants in southwest Kansas, most of it on efforts to sway public opinion.
Opponents of the plants initially reported putting far more money into their public relations campaign. But since the year began, supporters have reported six times as much […]
Benchmark energy coal prices at Australia’s Newcastle port rose after six straight weeks of decline following contract settlement between Xstrata XTA.L and Japan’s Chubu Electric 9502.T.
Thermal coal prices rose $5.83 from a week earlier to $125.42 a tonne, the globalCOAL’s NEWC weekly index showed in the week ended April 12, based on prices at Australia’s […]
Nearly 700 people are supposed to get more than $192,000 in back pay from a coal mine operator accused of violating federal labor law.
The U.S. Department of Labor says Frasure Creek Mining incorrectly calculated overtime pay for 678 employees for nearly two years from January 2006 through December 2007.
The Labor Department says Frasure Creek also […]
Tenaga Nasional Bhd (TNB) and Sabah Electricity Sdn Bhd (SESB) have been told to consider using hydro or gas to generate electricity in Lahad Datu as an alternative to the RM1.3 billion coal-fired power project that the state government has rejected for Silam within the district.
Responding to a TNB article in “TNB Talks” that Sabah […]
India’s No. 1 power producer, NTPC Ltd will soon float a global tender to import 5 million tonnes of coal, its chairman and managing director T. Sankaralingam said on Thursday.
“We will like to cut down the coal import prices. It is competitive market and competition is key,” he said without elaborating on the grade of […]
The senior vice president and chief information officer of coal producer Foundation Coal Holdings Inc. exercised options for 2,100 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, James A. Olsen reported he exercised the options Monday for $4.87 […]
China Coal Energy Co , the country’s No. 2 coal producer, plans to more than double capital spending in 2008 as it pushes a rapid production expansion plan.
Executive Director Yang Lieke told reporters on Thursday the firm intends to set aside 16.16 billion yuan to spend on its core coal and coal chemicals businesses this […]
Xstrata, the world’s largest thermal coal exporter, has settled thermal coal contracts with Japan’s Chubu Electric for the business year starting this month at $125 a tonne, up 125 percent, a source close to the deal said on Monday.
The settlement price compares with last year’s $55.65, based on Xstrata Plc’s final settlement price with a […]