Coal Mining | South China Morning Post
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  • Feb 1, 2015
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Coal Mining

China’s coal miners in crisis

The urban district of Kangbashi in Ordos, Inner Mongolia, a city hard hit by price declines in the coal industry. Photo: Bloomberg

The Baofu highway, a road that serves the mines in China's coal-producing hub of Ordos, was largely empty on a recent visit. A few years ago, it was so clogged with trucks that the traffic jams were legendary, sometimes lasting several days.

Thursday, 3 April, 2014, 1:10am 1 comment

Glencore shareholders dump chairman Bond

John Bond. Photo: Bloomberg

John Bond, the chairman of Glencore Xstrata, the world's largest exporter of power-station coal, was deposed by his shareholders yesterday, with the former chief executive of BP, Tony Hayward, appointed as interim chairman in his place.

17 May 2013 - 3:33pm 1 comment

IMM faces fraud claim over 'bogus' customers

Thomas Quinn, Chairman and Executive Director of International Mining Machinery. Photo: SCMP

Anonymous Analytics has accused International Mining Machinery (IMM), a mainland coal-mining equipment maker formerly listed in Hong Kong, of committing fraud by claiming a customer base Anonymous Analytics describes as bogus.

12 Apr 2013 - 5:43am

Chinese-owned Collum Coal Mine seized by Zambia over safety concerns

The Zambian government has seized control of a Chinese-owned coal company due to poor compliance with safety and environmental standards.

22 Feb 2013 - 3:26am

China Digest, February 12, 2013

Travel agencies in Jiangsu say their business has suffered after the central government waived highway tolls during the Lunar New Year holiday.

12 Feb 2013 - 6:09am

Pakistan coal mine accident kills eight

A gas explosion killed eight Pakistani coal mine workers in Loralai district in the insurgency-torn province of Baluchistan, which is rich in gas, oil and mineral deposits.

28 Jan 2013 - 5:24pm

China Digest, January 28, 2013

A woman was hit and killed by a train while crossing railroad tracks near the Lishui Bridge subway station in Beijing on Saturday, The Beijing News reports.

28 Jan 2013 - 5:59am

Rio chief Albanese exits over failed deals

Rio Tinto sacked chief executive Tom Albanese. Photo: Reuters

Rio Tinto Group, the second-biggest mining company, will take about US$14 billion of write-downs for failed deals in aluminium and coal led by chief executive Tom Albanese, who will leave after more than 30 years.

18 Jan 2013 - 5:27am

Demand cool for coal machinery firm

Conveyors made by Zhengzhou Coal are used in longwall mining to support the shearers and transport the coal. Photo: SCMP

The Hang Seng Index surged yesterday to a high for the year following a meaningful pickup in the mainland market and continued hot money inflows.

Despite this, shares of Zhengzhou Coal Mining Machinery fell 8.8 per cent on their trading debut, suggesting poor demand for coal mine equipment because of overcapacity on the mainland.

6 Dec 2012 - 3:16am

Coal mines near uranium deposits spoiling value of nuclear fuel

Coal and uranium are often found in the same location, with extraction leading to the destruction of nuclear fuel. Photo: EPA

Huge newly discovered reserves of much-needed uranium are in danger of being destroyed amid a row over digging it up.

And as China's nuclear and coal sectors battle over the sites where the radioactive heavy metal lies buried, experts say the uranium is accidentally ending up in coal-fired power stations - creating radioactive ash that is falling on surrounding cities.

18 Nov 2012 - 4:44am 2 comments

Coal miner SouthGobi to cut staff after posting US$55m net loss

Coal trucks leave the SouthGobi Resources mine in Ovoot Tolgoi, Mongolia. Photo: Bloomberg

SouthGobi Resources swung to a net loss of US$54.56 million in the third quarter from a net profit of US$55.92 million in the period last year, while the mining firm's revenue plunged 94.5 per cent to US$3.34 million in the quarter.

14 Nov 2012 - 3:18am

Canada reviews foreign-worker scheme amid China mine row

Canada reviews foreign-worker scheme amid China mine row

The Canadian government has announced a review of its programme for temporary foreign workers. It follows the controversial decision to import hundreds of Chinese coal miners for a Chinese-funded project in northern British Columbia.

11 Nov 2012 - 5:52am

Mongolia pulls plan again to triple-list coal mine

Erdenes Tavan Tolgoi produces two million tonnes a year of coking coal from its mine but will raise it to 20 million tonnes if the demand grows. Photo: SCMP

Erdenes Tavan Tolgoi, a Mongolia state-owned developer of one of the world's five biggest mining projects for coal used to smelt steel, has been forced to again delay its three-city initial public offering that aimed to raise some US$3 billion due to poor coal demand and prices, according to a senior executive.

31 Oct 2012 - 3:18am

Controversy over Canadian Dehua's hiring of Chinese miners

Canadian Dehua International Mines Group plans to operate four underground coal mines in northern British Columbia. Photo: Greg Amos

Plans to open Chinese-funded mines in Canada have been plunged into controversy after it was found that most of the workers will be mainlanders rather than locals. 

28 Nov 2012 - 2:50pm

Chinese miners face frosty reception in northern Canada

Tumbler Ridge in northern British Columbia at dusk. The town is near the Murray River coal patch, and two of four mining projects that have been largely financed by Chinese investors. Photo: Greg Amos

When 200 Chinese miners arrive at the remote Murray River coal patch in northwestern Canada in the next few weeks, they risk a cool welcome in more ways than one.

19 Oct 2012 - 10:04am

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