Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]

Research and Markets has announced the addition of the “China Company Report — Yanzhou Coal Mining Company Limited” company profile to their offering.
Yanzhou Coal Mining Company Limited is a listed company held by Yankuang Group Co., Ltd. in controlling shares, whose shares has been listed in Hong Kong, New York, Shanghai in 1998 respectively. It [...]

As a result of the recently announced iron ore settlements between major Asia-Pacific iron ore producers and consumers, as well as the rising price of hot band steel, Cleveland-Cliffs Inc (NYSE: CLF) today updated its 2008 iron ore revenue and cost-per-ton guidance. In addition, the Company provided commentary on expected pricing for its North American [...]

America West Resources, Inc., a domestic coal producer with mining operations in Central Utah, is pleased to announce that the Company has officially commenced coal production in Section II of its Horizon mining operations.
“Expanding our mining operations into Section II represents a mission-critical milestone for our Company and one that we have worked very hard [...]

Pan African Mining Corp. announce the closing today of the Plan of Arrangement and related transactions contemplated by the Arrangement Agreement dated May 9, 2008, as amended June 17, 2008, among Asia Thai Mining Co., Ltd., 0819615 B.C. Ltd., the Company and African Queen Mines Ltd., a newly formed subsidiary of the Company. A Final [...]

Indonesian state coal miner PT Bukit Asam Tbk expects its coal export prices to rise by at least 45 percent this year, in line with rising global prices and strong demand, a company official said on Thursday.
Bukit Asam — the smallest of Indonesia’s three listed coal miners — sold coal in the overseas market at [...]

Indonesian coal miner Churchill Mining has lifted its overall initial coal reserve target by 50% to 150m tonnes at its East Kutai Coal Project (EKCP).
A review of the total initial coal resource target is also being conducted and Churchill will advise the market of the result in due course, it said.
“Churchill is still ahead of [...]

Sultan Mining and Energy Development Corp. (SMEDC) reported its Surigao del Sur coal mine has posted significant increase in sales volumes coal mine owing to a rising demand for the commodity, a company official said.
“For April alone, the production volume of 22,000 metric tons [increased] 120 percent from the previous month. It was also greater [...]

Indonesia’s PT Timah Tbk , the world’s largest integrated tin miner, plans to acquire three coal mines with total reserves of 50 million tonnes, a senior company official said on Monday.
Timah has a mine in South Kalimantan which produces up to 1.4 million tonnes of coal a year, but the firm has been looking for [...]

State-run NTPC Ltd , India’s top power producer, is looking to buy majority stakes in Indonesian coal mines with reserves of up to 300 million tonnes to secure supplies and manage costs, its chairman said on Monday.
Another government company, Power Trading Corp , also announced plans to buy coal mines in Indonesia, following the footsteps [...]