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Thursday, 05 March 09
CHINA COAL-PRICES LITTLE CHANGED DESPITE PLUNGE ABROAD


China's spot coal prices were little changed from a week earlier, despite the sharp fall in the international market, and demand for coal remains sluggish. Prices of thermal coal in Newcastle, Australia, a benchmark for Asia, dropped to the lowest level in nearly 20 months, to below $65 per tonne, according to globalCOAL.

But the falling prices are unlikely to boost China's coal imports, as the domestic demand, as well as spot prices, remain weak, industry sources said.

"Power plants simply would not buy, no matter how cheap the coal is. Demand for electricity is still low," said a coal trader based in the southern province of Guangdong.

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Wednesday, 08 April 09
EXPORTS AT AUSTRALIA NEWCASTLE COAL PORT FALL ON STORM -MINING-JOURNAL
Coal exports from Australia's Newcastle port, the world's largest coal export terminal, fell roughly 18% last week to a 4½-month low, as ro ...


Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...


Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal  firms to ...


Thursday, 02 April 09
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Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...


Wednesday, 01 April 09
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Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...


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