Mining industry
Australian Prime Minister Julia Gillard remains resolute in her support for the country's carbon pricing policy, despite warnings from the coal industry and growing opposition from the Liberal Party. The government is set to unveil its scheme, which includes a $20 per tonne carbon price, on Sunday. According
Mining industry
Australian Treasurer Wayne Swan has dismissed fears about job losses in the coal industry ahead of the government's carbon price package release, citing strong investment and job creation in the sector. Treasury modelling predicts coal exports and production to double over the next 40 years, despite the introduction
Mining industry
The Punjab Coal Mining Company (PCMC) has identified various locations for 400-600 MW coal-based power projects to meet the energy demands of the province. To expedite the implementation of mineral strategies, a Small Resource Strategic Unit has been constituted, and the evaluation of coal and iron ore reserves has begun.
Mining industry
Australian mining giant Rio Tinto Ltd. (RIO.AU) has received the endorsement of Riversdale Mining Ltd.'s (RIV.AU) board for an improved A$3.9 billion takeover bid for the Mozambique-focused coal miner. However, analysts say Rio Tinto may need to sweeten its offer to win over major
Mining industry
BHP Billiton Ltd. and 12 other major coal miners in Australia have joined forces to bid a combined A$4.85 billion ($4 billion) for the country's largest coal railroad network, outbidding the planned initial public offering (IPO) of the assets. The coal producers, who consider themselves the
Mining industry
A consortium of 13 major mining companies, led by BHP Billiton Ltd. and Anglo American Plc, is set to make a bid for the publicly owned coal rail track network in Queensland, Australia. The consortium's offer, valued at around A$5 billion, is seen as a competitor to
Mining industry
The New South Wales (NSW) government has launched an investigation into a reported cancer cluster in the Hunter Valley, following an ABC Four Corners program that revealed a link between illnesses and nearby coal mines. NSW Chief Health Officer Kerry Chant announced that the investigation will compile data on hospital
Mining industry
The Environmental Protection Agency (EPA) has released two guidance memoranda on April 1, 2010, aimed at improving the review of Appalachian surface coal mining operations under the Clean Water Act, National Environmental Policy Act, and the Environmental Justice Executive Order. The memoranda, labeled "Summary Guidance" and "Detailed
