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Shares in Oxford Resource Partners Drop on 1st Day of Trading

The day did not go as well as imagined for the largest producer of surface mined coal in Ohio. In fact Oxford Resource Partners LP (OXF:US) found its shares slipping on the first day of trading in its $162 Million IPO.

20 Jul 2010

India's Reliance Power Gets New Life Line on Coal Power Plant Loan

A full financial, technical and environmental review will be undertaken by the members of the U.S. Export - Import Bank before they take a vote on giving India's Reliance Power a loan. The loan worth $600 million is to finance a new coal fired power plant to be located in India.

20 Jul 2010

Government Says Hunter Valley Mining Activities Pose No Health Risks

Hunter Valley mining activities may be increasing air pollution in the villages surrounding it, but the government feels the pollution is within acceptable and safe limits.

20 Jul 2010

Quick Action Called for on New U.S. Mining Legislation

Mine safety officials in the United States are hoping for a quick passage of the new mining bill which will crack down on mines with safety problems. The industry has been complaining that the new legislation is too punitive.

20 Jul 2010

BHP Still Committed to Olympic Dam Expansion

BHP Billiton spokesperson Amanda Buckley said that the $20 billion Olympic Dam expansion plans remained on track with the original time table.

From BHP Billiton Plc 12 Jul 2010

Clive Palmer to Construct New Queensland Coal Loading Facility

Clive Palmer, the mining magnate plans to construct a new coal loading facility north of Abbot Point in Queensland. The new facility will be able to handle 40 million tonnes a year. This would transform the area into one...

From BHP Billiton Plc 12 Jul 2010

West Kentucky Mine Had Inadequate Roof Control Plan

The Energy and Environment Cabinet on Wednesday said that the West Kentucky underground coal mine which collapsed killing two miners did not have an adequate roof control plan. The mine was operated by Webster County Coa...

7 Jul 2010

Xstrata Re-Ignites Wandoan Coal Programme

The recent decision to scrap the proposed RSPT and the introduction of the revised MRRT has lead Swiss mining company Xstrata to restart work on the Wandoan Coal mine. The planned $6 billion coal mine including exploration activities are now back on track.

7 Jul 2010

Bob Brown Lobbies Against Proposed Mine at Felton, QLD

The Australian Greens leader Bob Brown is due to visit a southwest Queensland community on Tuesday in regard to a resource project which has been earmarked on prime agricultural land at Felton. The Friends of Felton lobb...

6 Jul 2010