World News
Indonesia to Exceed Coal Output on Favorable Weather PDF Print E-mail
Monday, 03 May 2010 15:40

Indonesia, the world’s largest exporter of thermal coal, expects to exceed production targets for this year by up to 8% due to a mild El Niño and dry weather that will help to optimize the extraction rate.

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World Bank Diverts Funds from Thar Coal Project PDF Print E-mail
Monday, 03 May 2010 15:40

The World Bank has scrapped its plan to finance the resource rich Thar coal project by extending technical assistance worth $20 million to $25 million.

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Construction on Chilean Power Plant Remains Suspended PDF Print E-mail
Monday, 03 May 2010 15:39

Construction at generator AES Gener’s 270 mw coal-fired Campiche plant in Chile’s central region V remains suspended despite the granting of a new environmental license by local regulators. 

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Anglo American Plans Sale of Five Australian Coal Projects PDF Print E-mail
Monday, 03 May 2010 15:39

Anglo American PLC said it is launching a sales process for five undeveloped coal exploration projects in Queensland and New South Wales.

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Glencore to Sell Assets to Fund Prodeco Buy PDF Print E-mail
Monday, 03 May 2010 15:39

Glencore International is seeking to sell at least $1 billion of assets in three to six months to help fund its repurchase of the Prodeco coal unit from Xstrata.

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