Indonesian lawmakers pass new mining law

Indonesian lawmakers passed a new mining law Tuesday that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations. Indonesia has some of the most abundant reserves of coal, copper, gold, tin and nickel and in the world has lured mining giants like Newmont Mining Corporation, Freeport-McMoran Copper & Gold... 

Tag: ntpc indonesian coal churchill, trinity coal partners 2009, churchill mining, mining association, ntpc coal churchill

Galway options Colombian Coal project; drilling on project to commence shortly

Galway Resources Ltd. announce that it has entered into an option agreement with Rio Tinto Mining and Exploration Corporation (Rio Tinto) to acquire 100% interest in nine coal concessions totaling 7,500 hectares, roughly 50% of the previously drilled San Louis Coal basin located in Santander, Colombia. The project will be known as Carboluis. “We are pleased to announce the first project resulting... 

Tag: inco de oro sur, jobs on the mines in witbank area, centromin

Coal Demand in India to Grow at a CAGR of 7.58% in the Next Two Years

Research and Markets has announced the addition of the “Indian Coal Industry” report to their offering. India is the third-largest producer and consumer of coal in the world. With proven reserves of 257.38 billion (Bn) tonnes, coal is one of the most abundant sources of energy in the country. In 2007, coal accounted for 51 percent of the primary energy consumed in the country. The coal... 

Tag: swot analysis of singareni collieries company limited, india rail map coal, cement demand cagr demand, global coal mining industries cagr, coal supply and demand in india

Patriot Coal Idles Jupiter Mining Complex

Patriot Coal Corporation announced that it intends to idle its Jupiter mining complex by the end of 2008. The Jupiter complex produced 1.5 million tons of thermal coal in 2007. The complex currently consists of one underground mine, and previously included the Thunderhill surface mine, which was closed as a result of an October 2007 court injunction that blocked the use of a lawfully issued mining... 

Arctic Oil & Gas Corp.: Government Officials Should Vote for Energy Prosperity, Not Energy Poverty

Arctic Oil & Gas Corp. (351 million shares issued), a petroleum exploration company, is pleased to announce that the Company and partners have proposed $2.50 gasoline, 30% discounted natural gas and hundreds of millions of dollars in royalties to Santa Barbara County from a proposed, (40% AOAG equity) Santa Barbara OCS-State petroleum lease development project, on known oil accumulations containing... 

ConocoPhillips and Origin Energy to Create Long-Term Australasian Natural Gas Business

ConocoPhillips and Origin Energy announced their plan to create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales. The transaction is conditioned upon approval from Australia’s Foreign Investment Review Board and, if required as a result of an outstanding offer from BG to purchase all outstanding shares of Origin... 

Tag: conocophillips renewable energy investment, 2009 financial results origin energy, origin energy jv phillip, conoco origin, origin energy conoco phillips joint venture

KPMG Corporate Finance LLC Advises Concept Mining on Sale of Its West Virginia-Based Coal Business to ArcelorMittal

KPMG Corporate Finance LLC, a full service, independent, middle-market investment bank, today announced that it was the exclusive advisor for the privately-owned Concept Mining and The Ridge Land Group on the sale of its metallurgical coal business in West Virginia to ArcelorMittal, the world’s largest integrated metals and mining company. The transaction adds in excess of 57 million metric tons... 

Tag: concept mining and kpmg, mital mining, kpmg uranium clients, financing coal mining projects, corporate banks in mining project finance

CONSOL Energy and Synthesis Energy Systems Announce Funding of Front-End Engineering Design Package for West Virginia Coal Gasification Project

CONSOL Energy Inc., the nation’s largest producer of bituminous coal, and Synthesis Energy Systems Inc., a global industrial gasification company, intend to develop through a joint venture their first U.S. coal gasification and liquefaction plant to be located in West Virginia. CONSOL (through its subsidiary Terra Firma Company) and SES have formed Northern Appalachia Fuel LLC (“NAF”),... 

Tag: consol mining, mining of iron ore for thesis exploration, alton mine jobs, consol contractors coal

ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”). Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and has control over recoverable... 

Tag: arcelor acquires concept mining, arcelor mittal acquisition, arcelormittal raw materials, arcelormittal bought concept, arcelormittal signs agreement to acquire mid vol coal group

EnerCom, Inc. Announces Presenting Companies for The Oil & Gas Conference(R) August 10-14, 2008

EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum offers institutional investors,... 

Tag: nasdaq oil companies operating in france, oil drilling in paris france, enercom inc oil paris france, texas oil company drilling near paris france on nasdaq, dallastexas oil company in france