Blackgold International Holdings Ltd, a Chinese coal company is looking for a listing on the Australian Securities Exchange to raise $58.5 million. This would be the first Chinese mining company to float on a bourse outside Asia.
Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and a consolidator of twelve coal mines in Shanxi Province, today announced that Shanxi Puda Coal Group Co. Ltd., a 90% subsidiary of Puda Coal, entered into separate mining rights and mining assets transfer agreements with two coal mines located in Pinglu County, Shanxi Province, on October 20, 2010, Pinglu County Sanmenzhen Xuhutuo Coal Mine Ltd. and Pinglu County Daqi Coal Mine Ltd.
Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended September 30, 2010.
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.
The U.S. Environmental Protection Agency (EPA) has a new lawsuit to worry about over its coal mining permits.
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.
In routine testing done by Australia Pacific LNG (APLNG) traces of four toxic chemicals benzene, xylene, ethylbenzene and toluene were found in their wells.
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.
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.
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.
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