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Patriot Coal Reports Net Loss of $46 Million in Q3

Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended September 30, 2010.

21 Oct 2010

Challenger Deep Resources Enters Purchase Agreement for Tabang Project in Indonesia

Challenger Deep Resources Corp. (TSX VENTURE:CDE) announces that, through its wholly owned subsidiary, P.T. Bestindo Energy, it has entered into a conditional sales and purchase agreement with PT Alam Tabang Raya Pratama and its shareholders for the purchase of 100% of the issued and outstanding securities of ATRP for an aggregate purchase price of approximately CAD $1,851,335, which will be funded by cash payments staged over approximately 18 months.

20 Oct 2010

Kentucky Sues EPA Over Coal Mining Permit Blocking

The U.S. Environmental Protection Agency (EPA) has a new lawsuit to worry about over its coal mining permits.

20 Oct 2010

Chinese Mining Officials Shoot a Dozen Miners in Zambia

Two Chinese mining officials have been charged with attempted murder in Zambia. The Chinese mining bosses allegedly shot a dozen miners in what is being called a pay dispute. Workers were protesting against poor working conditions at the Collum coal mine in southern Sinazongwe province in Zambia.

20 Oct 2010

Banned Carcinogenic Chemicals Found in Surat Basin Wells

In routine testing done by Australia Pacific LNG (APLNG) traces of four toxic chemicals benzene, xylene, ethylbenzene and toluene were found in their wells.

20 Oct 2010

Kevin Rudd Was Warned RSPT Unconstitutional

Mr Kevin Rudd was warned by Australian Government solicitors (AGS) that there might be legal problems with the proposed mining Resources Super Profits Tax (RSPT) as per new evidence which came to light yesterday during a Senate estimates hearing.

19 Oct 2010

Adani Enterprises in Talks With Coal India for Long Term Supplies

Adani Enterprises Ltd., controlled by billionaire Gautam Adani, is currently in talks with the state run Coal India Limited for a long term supply agreement of foreign coal.

19 Oct 2010

Race Against Time to Reach Trapped Coal Miners in China

In a desperate race against time rescue workers in China are trying to reach 11 trapped miners in the Pingyu coal mine in Central China.

18 Oct 2010

US Department of Labor's MSHA Releases Proposed Rule to Improve Miners Lives

The U.S. Department of Labor's Mine Safety and Health Administration today announced the release of a proposed rule on lowering miners' exposure to respirable coal dust in all underground and surface coal mines. The proposed rule is the latest element of MSHA's "End Black Lung – Act Now" campaign.

15 Oct 2010

Colorado Mining Association Not Happy with Xcel Energy Plan

A Colorado based coal industry group, the Colorado Mining Association, has asked two public utilities commissioner to excuse themselves from considering a plan by Xcel Energy (NYSE:XEL). The plan involves the company switching some power plants to run on natural gas rather than on coal.

14 Oct 2010