Coal

China hires 70,000 safety inspectors for coal mines

The state-owned People’s Daily Online is reporting that some 70,000 miners have been recruited by Chinese coal mines to work as mining safety supervisors, a move by the All-China Federation of Trade U…


Sherritt makes $93M in first half (August 28, 2006)

Strong revenues thanks to high commodity prices brought Sherritt International (S-T, SHERF-O) a net income of $57.2 million (36 per share) on revenue of $297 million in the second quarter of the year…








PEABODY ENERGYPeabody is the world's largest coal company with 2004 sales of 227 million tons and revenue of US$3.6 billion. The company recently made a $1.5-billion cash bid for Australia's Excel Coal. Some of the money for deal was generated by the Rawhide coal mine (pictured), one of Peabody's three Powder River Basin mines in Wyoming, which serve nearly 80 power plants in 18 states.

Peabody Excel-erates its coal business

St. Louis, Mo.-based coal producer Peabody Energy (BTU-N) has agreed to a cash deal to take over Australian coal producer Excel Coal (EXOAF-O, EXL-A) for about US$1.5 billion….



Peabody buying Excel Coal

St. Louis-based coal producer Peabody Energy (BTU-N) has agreed to a cash deal to take over Australian coal produce…


XSTRATA COALAerial view of the Donkin mine site in Nova Scotia.

Xstrata Coal extends reach to Americas

The Donkin coal resource in Nova Scotia could serve as an anchor for other potential projects in the Americas as Xstrata Coal aims to expand beyond its traditional base in Australia and South Africa….


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