Daewoo Securities Co, Ltd from South Korea in cooperation with local company PT Basmal Utama is currently exploting coal reserve in the district of Bungo in the Sumatran province of Jambi with production set to reach 60,000 tons per month.
The company on Saturday launched its first export of coal to South Korea on Saturday, witnessed [...]

Indonesian mining company PT Bumi Tbk has cancelled the sale of two coal mines to a local investment bank and will instead look for another buyer.
Bumi - Indonesia`s largest listed mining group - agreed in March to sell PT Arutmin Indonesia and PT Kaltim Prima Coal to PT Borneo Lumbung Energi, an affiliate of Renaissance [...]

The biggest order for coal mining equipment for decades has been signed by a company re-opening a colliery, safeguarding hundreds of jobs.
Powerfuel will spend £37 million on state-of-the-art machinery to be used at the Hatfield pit near Doncaster in South Yorkshire.
Two sets of coal cutting and ancillary equipment will be bought from Joy Mining Machinery, [...]

ABOITIZ Equity Ventures Inc. will participate in the new bidding for the 600-megawatt (MW) Masinloc coal-fired power plant, provided that there are attached supply contracts for at least 50-percent of the plant’s capacity.
AEV executive vice president and chief operating officer Erramon Aboitiz said 50 percent, or at least 300 MW, of the plant’s capacity should [...]

Thousands of farmers took to the streets across northern Bangladesh over the fatal shooting of at least five people protesting against an open-pit coal mine.
Hundreds of paramilitary and police stood guard outside coal mining firm Asia Energy in Phulbari where security forces allegedly shot into a crowd of protestors Saturday who tried to storm the [...]

About 70 protesters denounced Gov. Rick Perry’s plan to speed approval for coal-burning power plants at a Capitol rally Friday, trying to push the issue into the governor’s re-election race.
Democrat Chris Bell told the crowd that the state deserves a governor who will not mortgage its future health “to benefit a few professional polluters who [...]

PT Bumi Resources, Indonesia’s biggest coal exporter, has canceled a US$3.2 billion deal to sell its two coal mining units to a consortium of local companies led by PT Renaissance Capital following a prolonged delay in the closing of the transaction.
Bumi’s finance director Eddie Soebari told The Jakarta Post on Friday that his company was [...]

Arch Coal Inc. of St. Louis, the nation’s second-largest coal company, has taken a 25 percent stake in DKRW Advanced Fuels LLC.
In exchange, Arch has agreed to extend its existing option agreement with DKRW Advanced Fuels, to secure coal reserves for two additional coal-to-liquid projects outside of the Carbon Basin, and to invest $25 million [...]

China will soon issue new regulations to put the brakes on increasing investment in the coal-chemicals industry which has been attracting interest amid soaring oil prices, state media has reported.
“Investment in coal-chemicals projects in China has shown signs of overheating — many proposed plants will face great risk in terms of both technical feasibility and [...]

At least four people were killed and 100 injured when police opened fire on thousands of Bangladeshis trying to storm an office of British coal miner Asia Energy Plc on Saturday, witnesses said.
They were protesting against an open pit coal mine project Asian Energy is planning at Phulbari in Dinajpur district, in the country’s northwest.
Police [...]