Continental Coal acquires Mashala Resources
Continental Coal’s South African subsidiary has completed the US$ 35 million acquisition of unlisted South African thermal coal mining and export coal producing company, Mashala Resources.
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Continental Coal’s South African subsidiary has completed the US$ 35 million acquisition of unlisted South African thermal coal mining and export coal producing company, Mashala Resources.
Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.
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A letter from members of the UN High Level Advisory Group on climate change financing.
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Morocco’s power utility, ONE, has awarded a consortium led by UK company International Power the contract to build a 1300 MW coal-fired power plant
South Korea, the second largest importer of Australian coal, will reduce its dependence on the fossil fuel as part of a wide-ranging plan to green its economy.
Arch Coal Inc. has announced a 42% growth in revenue for Q3 2010 at US$ 2.35 million compared to US$ 1.85 million in the corresponding period of last year. The results have been attributed to more favourable coal market conditions and the acquisition of Jacobs Ranch mine into its Black Thunder operations.
With players from the US and China seeking stakes in the Australian coal mining industry, Whitehaven Coal, an independent coal producer in the Gunnedah Basin, has put itself up for sale, announcing a formal process to identify potential buyers that will offer best interest to all share holders.