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Coal & Allied Downgrades Production, Sales

Coal & Allied Industries Ltd (ASX:CNA) has scaled down their full year coal production and sales forecasts. The company said that due to the wet weather they anticipated about 25 million tonnes for the calendar year 2010 which is lower than the previous guidance of 27 million tonnes.

From Rio Tinto plc 14 Oct 2010

Serious Safety Violations Found at West Virginia Coal Mine

Massey Energy Co has been caught with serious safety violations at another coal mine in West Virginia as per the federal Mine Safety and Health Administration on Thursday. The inspectors said that this could have caused another explosion.

From Massey Energy Corporation 8 Oct 2010

Mongolian Mining Corp Raises US$651 Million from IPO

Mongolian Mining Corp is said to have raised US$651 million (HK$5.05 billion) in its Initial Public Offering (IPO) in Hong Kong. 719.4 million shares were sold in the Ulaanbaatar based mining company at Hong Kong $7.02 per share.

6 Oct 2010

$50,000 Incentive for Miners to Settle Down in Moranbah

The employees of the mining company Anglo American are getting cash incentives to settle down in Moranbah QLD Australia.

From Anglo American Plc 6 Oct 2010

Decision on Queensland Coal Seam Gas Delayed

The Australian Environment Minister Tony Burke has delayed the decision on the coal seam gas projects in Queensland State to October 22, 2010.

From BG Group plc. 4 Oct 2010

Ranger Energy Investments to Acquire National Coal Corp

National Coal Corp. (Nasdaq: NCOC), a Central and Southern Appalachian coal producer, announced today that it has agreed to be acquired by Ranger Energy Investments, LLC (Ranger Energy), an acquisition vehicle for Jim Justice, a businessman and operator of Appalachian coal assets.

From National Coal Corp. 1 Oct 2010

Mongolian Mining Corp 'Ramps Up'

Mongolian Mining Corp is planning to increase its profit margin by expanding production and completing infrastructure projects with the penultimate aim of becoming listed on the Hong Kong stock exchange.

27 Sep 2010

Coal Takeovers in Australia to Settle Down Says Industry Analyst

Australia won't see as many takeovers in the coal mining industry as many potential targets have already been acquired after the recent surge in acquisitions as per UBS's head of metals and mining Campbell Stewart.

24 Sep 2010

Spanish Miners Protest EU Order on Coal Handouts

Miners in Spain continued their protest of the EU decree that will force their government to phase out coal industry handouts by next year.

23 Sep 2010

Bhushan Steel Wants Bowen Energy

The New Delhi based company Bhushan Steel has shown interest in making an on market takeover bid for Bowen Energy Ltd (ASX:BWN), an Australian coal and minerals exploration company, focused on the exploration and development of coal and mineral resource projects in Australia and the Asia-Pacific region.

From Bow Energy Ltd. 23 Sep 2010