
IchorCoal launches offer for Universal Coal
South African coal company, IchorCoal, has launched its bid for Australian mining company, Universal Coal.
Browse the latest coal news and articles.

South African coal company, IchorCoal, has launched its bid for Australian mining company, Universal Coal.

German independent coal trading and marketing company, HMS Bergbau AG, reports 1H15 results are as expected by the company.

Rio Tinto sells its 40% interest in the Bengalla coal Joint Venture in Australia to New Hope Corp. for US$606 million.

BHP Billiton sees thermal coal use dropping substantially if a global climate change agreement is reached in Paris, limiting temperature rise to 2°C.

US coal production has increased by 438 000 short t for the week ending 19 September however due to current prices, it is difficult to produce coal economically.

Energy access targets should include high efficiency low emissions coal-fired technologies, as well as carbon capture and storage, in order to support urbanisation and industrialisation in development countries.

A round-up of some of this week’s key news items from the international coal industry, from sales and acquisitions to the latest on coal mining operations.

Capture Power emphasises its commitment to delivering the White Rose Carbon Capture and Storage project, following Drax’s recent announcement to end investment into the project.

Drax plans to stop investing in the White Rose Carbon Capture and Storage project and will withdraw as a partner of Capture Power Ltd.

Caterpillar Inc. announces significant restructuring and cost reduction actions to lower operating costs by US$1.5 billion.

Paringa Resources, the developer of the Buck Creek No.1 coal mine in Kentucky, expects strong future demand growth for Illinois Basin coal.

TAKRAF has delivered a new cross-conveyor system for the F60 overburden conveyor bridge in Welzow to Vattenfall.