Coal Mining

Glencore shareholders dump chairman Bond

17 May 2013

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,...

3:33PM

IMM faces fraud claim over 'bogus' customers

12 Apr 2013

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...

5:43AM

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

22 Feb 2013

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

3:26AM

China Digest, February 12, 2013

12 Feb 2013

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

6:09AM

Pakistan coal mine accident kills eight

28 Jan 2013

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.

5:24PM

China Digest, January 28, 2013

28 Jan 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.

5:59AM

Opinion

Howard Winn

Ferry companies shouldn't be subsidised while they burn dirty fuel

2:53AM

Shirley Yam

What were our top officials doing to let HKMEx fail?

5 comments

3:37AM

Rio chief Albanese exits over failed deals

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...

5:27AM

Demand cool for coal machinery firm

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.

3:16AM

Coal mines near uranium deposits spoiling value of nuclear fuel

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

4:44AM

2 comments

RESULTS

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

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...

3:18AM

CANADA

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...

5:52AM

IPO

Mongolia pulls plan again to triple-list coal mine

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...

3:18AM