India needs to partner with other countries to tap cheaper funds for cleaner coal technologies as the South Asian nation is expected to use the fuel to produce over half of its power in the next two decades, the World Coal Association chief said on Thursday. India, the world’s second-largest coal importer, relies on the…
Australian TerraCom (ASX:TER), the junior that bought the Blair Athol thermal coal mine in a $1 deal from Rio Tinto, announced that the mine has reached full production. The site, located in central Queensland, had been closed since 2012 when Rio shut down operations after almost 30 years of continued activity. However, following the buyout, TerraCom has…
Wayuu leaders travelled to Colombia’s capital, Bogotá, to protest against El Cerrejón, the thermal coal open-pit mine owned by Glencore (LON:GLEN), BHP Billiton (LON:BLT) and Anglo American (LON:AAL) in the northern La Guajira department. The Indigenous activists rallied in front of the Justice Department and expressed their concerns over El Cerrejón’s expansion plans, which would…
In April, US energy secretary Rick Perry tasked researchers at the DOE to produce a report on electricity markets and grid reliability. Given the White House’s call to “bring back coal”, renewable energy backers did not bother to wait for the findings to criticize the report. The green lobby needn’t have worried. The final report published a…
The US government plans to speed up the approval of a 20-year ban on gold mining claims on forested public lands in Montana, near Yellowstone National Park, and may even consider extending the prohibition to other metals and minerals. New mining claims in the 30,000-acres stretch near the park’s northern entrance have been blocked since…
Miner and commodities trader Glencore (LON:GLEN) said Monday it has begun the sale process for a second Australian coal mine as it readies to pay up to $300 million for shares in Yancoal Australia, as part of a deal that allowed the firm to put its hands on Rio Tinto’s (ASX, LON:RIO) former coal assets in the…