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New Colombia Resources announces LOI for $200m to develop coal mine project in Colombia By EBR Staff Writer
New Colombia Resources, a Colombian company listed in the U.S. with premium metallurgical Blue Gem and thermal coal mining titles and medical marijuana operations in Colombia, is pleased to announce a Letter of Intent (LOI) to develop their 2900 acre metallurgical and thermal coal concession in Colombia.
Mining & Commodities > Coal > News
BHP Billiton to sell 75% stake in IndoMet Coal in Indonesia By EBR Staff Writer
BHP Billiton has signed an agreement to divest coal assets in Indonesia to its equity partner PT Alam Tri Abadi (Adaro) amid a slump in prices for metallurgical coal.
Mining & Commodities > Coal > News Glencore plans to close Tahmoor coal mine in Australia due to weak prices By EBR Staff Writer
Swiss mining major Glencore is planning to close its Tahmoor underground coal mine in New South Wales, Australia, amid slump in prices in global coal markets.
Mining & Commodities > Coal > News
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BHP Billiton to sell 75% stake in IndoMet Coal in Indonesia
By EBR Staff Writer
BHP Billiton has signed an agreement to divest coal assets in Indonesia to its equity partner PT Alam Tri Abadi (Adaro) amid a slump in prices for metallurgical coal.
Mining & Commodities > Coal > News
Glencore plans to close Tahmoor coal mine in Australia due to weak prices
By EBR Staff Writer
Swiss mining major Glencore is planning to close its Tahmoor underground coal mine in New South Wales, Australia, amid slump in prices in global coal markets.
Mining & Commodities > Coal > News
European Commission approves Spain’s €2.13bn aid to facilitate closure of 26 coal mines
The European Commission (EC) has approved Spain’s plans to grant €2.13bn to shut down 26 uncompetitive coal mines in the country.
Mining & Commodities > Coal > News
Pembroke Resources acquires metallurgical coal assets in Bowen Basin
By EBR Staff Writer
Pembroke Resources, an Australian-based company backed by leading resources and energy-focused global private equity firm Denham Capital, announced that it has acquired from various Australian subsidiaries of Peabody Energy Inc and CITIC Resources Holdings Limited their interests in metallurgical coal tenements that collectively encompass the Olive Downs Complex in Queensland’s Bowen Basin.
Mining & Commodities > Coal > News
Volvo Group develops self-driving truck for mining industry
By EBR Staff Writer
Volvo Group has developed a new self-driving truck for mining industry as part of a research and development project.
Mining & Commodities > Coal > News
Dynegy to shut down three coal power units in Illinois, US
By EBR Staff Writer
Dynegy is set to shut down three uneconomical coal-fueled units at two power plants in Illinois, US.
Mining & Commodities > Coal > News
Adani faces another legal hurdle for approval of $16bn coal mine project in Australia
By EBR Staff Writer
Environmental Defenders Office Queensland (EDO Qld) has filed a lawsuit against the state’s approval for the Adani Group's A$21.7bn ($16bn) Carmichael coal mine project in Australia.
Mining & Commodities > Coal > News
Thiess awarded $180m Melak extension contract
By EBR Staff Writer
Thiess has been awarded a three-year contract extension by PT Teguh Sinar Abadi and PT Firman Ketaun Perkasa (members of the Bayan Group) to continue operations at Melak Coal Mine, in East Kalimantan, Indonesia.
Mining & Commodities > Coal > News
Vattenfall to divest lignite assets in Germany
By EBR Staff Writer
Swedish state-owned power company Vattenfall has signed an agreement divest its coal mines and associated power plants in Germany to Czech energy company EPH and its financial partner PPF Investments.
Mining & Commodities > Coal > News
Peabody Energy files for US bankruptcy protection
By EBR Staff Writer
Global coal producer Peabody Energy has filed for bankruptcy protection in the US as it sits on $10.1bn debt amid slump in commodity prices.
Mining & Commodities > Coal > News
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