“Daily updated mining exporation news on coal mining sectors and project”—- Vancouver’s Western Canadian Coal Corp. (TSX:WTN) is loaning US$36 million to Cambrian Investment Holdings Ltd. (CIH), a wholly owned subsidiary of London, U.K.-based Cambrian Mining Plc. (AIM:CBM).
The loan will be used to repay CIH’s existing loan with Investec Bank (UK) Ltd.
Western Canadian Coal will receive [...]

“Daily updated mining exploration news on Coal Mining contracts”—-JAKARTA - Indonesia will evaluate existing mining contracts to see whether they need adjusting particularly on royalties and the size of mining areas after the passage of a new mining law, the energy and mines minister said on Monday.
Indonesia’s parliament passed a new law on coal [...]

NEW DELHI: The government, in the case of 166 licenses, and mining of coal exploration has not started production from the allotees concerns can be canceled. “The ministry of coal to save is not enough. Coal confined to block does not properly reflect the steps we cancel the lease to take measures such as the” [...]

“Daily updated mining exploration news on coal mining”—-An alleged anomalous transaction involving National Power Corp. (Napocor) officials and DMCI unit Semirara Mining Corp. resulted in the deterioration of the recently sold Calaca coal-fired power plants in Batangas after feeding the power plant with low-quality local coal while the plant generators were designed to use a [...]

“Daily updated mining exploration news on coal mining”—-Sentula Mining Ltd., a South African coal producer, and its partner are seeking to raise as much as 250 million rand ($24 million) from local banks in about five months for an expansion of Koornfontein mine.
The company and Siyanda Resources are able to fund the expansion on their [...]

“Daily updated mining exploration news on coal mining”—– L&M COAL Ltd is seeking partners for a multimillion-dollar coking coal development northeast of Westport.
The project, which will look to develop several open cast mines, is estimated to cost up to $100 million and is expected to have a minimum 10-year lifespan and a 10-million-tonne output.
The company, [...]

“Daily updated mining exploration news on coal mining” —-National Mineral Development Corp. or NMDC said the company would initially invest Rs.1,000 crore to develop a coal mining project in Birbhum in West Bengal, media reported.
A Memorandum of Understanding was signed on Tuesday with the West Bengal Mineral Development and Trading Corp. for starting coal mining [...]

“Daily updated mining exploration news on coal mining”—–Coal-mining and energy Exploration companies’ shares were down sharply Thursday as oil hit an 18-month low and the broader market traded lower.
“Sentiment surrounding coal generally moves with oil and natural gas prices,” said Stifel Nicolaus & Co. analyst Paul Forward. “Even though oil and coal don’t really compete [...]

“Daily updated mining exploration news on iron and coal”—-London-based mining exploration group Anglo American Plc plans to invest USD 40 billion across its global operations, including India’s iron ore and coal sectors, a senior company official said here Thursday.
“In India, we are interested in business opportunities in minerals like iron ore and coal,” Russell [...]

‘Daily updated mining exploration news on Coal Mining”—-Shares of coal-mining exploration companies pulled back Thursday as investors worried about the effects of slowing steel production amid a weakening price environment.
Steel manufacturers have announced up to a 20 percent drop in production, which likely will reduce demand for coal, analysts said.
Peabody Energy Corp. has indicated [...]