Category: Coal

Historic Siberian mine to become automated

The Siberian Coal Energy Company or SUEK has partnered with Zyfra Group’s subsidiary VIST Group, to develop an unmanned drilling technology at the Tugnuysky coal mine, located on the border between the Buryatia and Chita regions in south-central Siberia. Officially...

/ May 13, 2019

World's coal miners may be digging themselves into another glut

A global push to dig new mines for steelmaking coal is drawing warnings that a supply glut could push the industry from a boom to a bust, mirroring the brutal 5-year price slump that ended in 2016. Coal’s use to...

/ May 11, 2019

Proposed legislation by Rep. Grijalva in US a ‘disaster in the making’, says AEMA

The American Exploration & Mining Association (AEMA) has made the following statement in response to the Subcommittee on Energy and Mineral Resources Hearing discussing Rep. Raúl Grijalva’s (D-Ariz.) Hardrock Leasing and Reclamation Act of 2019: The sweeping changes in Rep....

/ May 11, 2019

Norway is using its wealth to lead an exodus from coal

Norway’s proposal to divest billions more from coal, and instead use the world’s largest sovereign wealth fund to invest in solar and wind is a sign of things to come – and may just be what catapults the global clean...

/ May 9, 2019

Norway's KLP fund cuts coal exposure

Norwegian pension fund manager KLP has sold 3.2 billion crowns ($366 million) of bond and equity exposure in 46 companies, including leading miners BHP and Anglo American, after a decision to withdraw from thermal coal. Fund managers have become increasingly...

/ May 8, 2019

Mexico to recover bodies of miners killed in 2006 blast

Mexican President Andres Manuel Lopez Obrador pledged on Wednesday to recover the more than 60 remaining bodies of miners killed in a massive coal shaft explosion in 2006, a mission he described as a humanitarian promise made to victims’ families....

/ May 2, 2019

Last coal-fired power plant in Massachusetts gone in a few seconds

It took only 10 seconds to implode two 500-foot cooling towers that belonged to the Brayton Point Power Station in Somerset, Massachusetts. The concrete structures demolished last Saturday were the last remains of the last coal-fired plant in the northeastern...

/ May 1, 2019

A trashy alternative fuel is emerging deep inside coal country

In the heart of America’s coal country, a cavernous new recycling plant is turning trash into a fuel that burns cleaner than coal, using a first-in-the-nation process hailing from Europe. Just don’t call it a “replacement” for coal. “We like...

/ April 30, 2019

Trump drive to boost fossil fuels hits a wall in federal courts

From easing regulations on coal mining to opening more federal land to oil drillers, President Donald Trump has kept a laser focus on bolstering the U.S. fossil fuel industry to achieve what he calls “energy dominance.” Time and time again,...

/ April 30, 2019

A coal miner's less-is-more lesson for frackers

Arch Coal Inc. has a novel approach to beating the market: by not getting any more valuable. The miner’s stock has risen by almost 50 percent since October 2016, when it emerged from bankruptcy. Its market value, however, is roughly...

/ April 27, 2019

Coal prices are up and US miners still can't catch a break

The global coal markets have been on a tear lately. And America’s miners are still tanking. Blame natural gas. St. Louis, Missouri-based miner Foresight Energy LP is having its worst month in three years as cheap gas continues to push...

/ April 27, 2019

China's green light on coal power won't trigger new plant boom

China’s green light to build more coal-fired power plants probably won’t usher in a flurry of new construction as most policies and investments in the top energy user will tilt toward renewable sources. More than 10 regions will be freed...

/ April 26, 2019