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 [...]

In the impoverished Ferghana Valley in Kyrgyzstan, illegal coal mining is a dirty, dangerous part of the underground economy.
After the huge Soviet mines in the region closed in the 1990s, jobless men and boys started their own small operations, using picks and shovels to claw coal out of the mountains. Some are as young as [...]

Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]

The president and chief operating officer of Arch Coal Inc. exercised options for and then sold 20,000 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.
In a Form 4 filing with the SEC, John W. Eaves reported he exercised the options for $5.34 apiece, and sold the shares for $62.16 apiece [...]

Sabah’s controversial coal-fired power plant project is back on track but will be moved to a more “suitable” location in the east coast.
The state government, which scrapped the RM1.3bil coal plant project targeted for Lahad Datu for environmental reasons, has agreed in principle that the 300MW plant be relocated, Energy, Water and Communications Minister Datuk [...]

Blue Energy announced that following positive results at Azure #1 it will continue its exploration drilling program in ATP 817P located approx 55km north west of Injune QLD. Following cased hole geophysical logging operations at Azure #1, the Company has confirmed 4.9m of continuous coal pay thickness previously estimated from geological reports during drilling of [...]

The U.S. Energy Department laid out plans to spend up to $1.3 billion on multiple “clean” coal-fired plants designed to capture carbon emissions and store them underground. The unveiling of the project kick-starts two weeks of public comment on the proposal.
The new proposal comes after the Energy Department killed an earlier plan that would have [...]

Alpha Natural Resources shares rallied after the mine operator said its first-quarter profit more than tripled on surging coal prices.
The Abingdon, Va.-based company earned $25.5 million, or 39 cents per share, compared with $8.3 million, or 13 cents per share, a year earlier. Revenue was up 20 percent to $516.9 million. Analysts polled by Thomson [...]

Four banks are leading a syndicated loan to finance British gas producer BG Group Plc’s $US12.1 billion ($A12.99 billion) bid approach for Australian utility group Origin Energy, banking sources said.
BNP Paribas, HSBC, Royal Bank of Scotland and Santander are leading the jumbo acquisition financing, banking sources said.
The size of the facility has not been revealed [...]