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The Latest Breaking News from Coal

1 ETF and 3 Stocks With Dividend Yields Over 6% Right Now

The Fed’s aggressive treatment of the inflationary situation is expected to create more volatility in the market. Given the uncertain macro backdrop, we believe high-yielding ETF iShares MSCI Brazil (EWZ) and stocks ICL Group (ICL), Alliance Resource Partners (ARLP), and Global Partners (GLP) might be solid buys. Read on….

StockNews.com

CIL has not raised prices in four years, Coal India chairman says at AGM

Coal India meets 80% of the country's dry fuel requirement

The Hindu

Huge profits for fossil-fuel giants Woodside and Santos stoke calls for windfall tax

Senator David Pocock and Bob Carr among those urging Albanese government to claw back massive mining profits

The Guardian - AU

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Gautam Adani becomes world’s third-richest person as wealth surges

NEW DELHI: Few outside of India had heard of Gautam Adani just a few years ago. Now the businessman, a college dropout who first tried his luck as a diamond trader before turning to coal, has become the world’s third-richest person.

The Times of India

'Matter of national destiny': China’s energy crisis sees the world’s top emitter investing in more coal

Two months of scorching heatwaves and drought plunged China into an energy security crisis.

The Conversation

Coal power plant closure ‘postponed to ward off winter blackouts’

The National Grid has already made deals with Drax and EDF to keep open two units each from October to the end of March

The Independent UK

Greens push for authority to help coal and gas workers through energy transition

Penny Allman-Payne says body would combat climate scare campaigns by giving workers a secure future

The Guardian - AU

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Closure of coal power station set to be delayed to prevent UK blackouts

Under deal, German owner of Nottinghamshire station would be paid a fee to pause decommissioning

The Guardian - UK

Mexico's president revived dangerous form of coal mining

Hopes have faded of rescuing 10 men trapped by a flood in a Mexican coal mine this month

The Independent UK

Wangan and Jagalingou traditional owners use human rights law to occupy Bravus's Carmichael Coal Mine

After a series of failed legal challenges and their native title being extinguished, a group of Wangan and Jagalingou traditional owners are using a human rights act to occupy land at Bravus's Carmichael Coal mine in central Queensland.

ABC News

Locals in regional Queensland town Oakey are divided over plans to reopen New Acland thermal coal mine

The New Hope mining company pushed for 14 years to expand the New Acland mine near the Queensland town of Oakey. Now it's been approved, but some locals say they'll fight it "like a mongrel dog".

ABC News

'Are we kidding ourselves here': frustration as Port tries to break out of coal box

It may be the world's largest coal export port, with ships being loaded around the clock, but Port of Newcastle is hoping to move beyond the black rock box and diversify what is carried in and out of the harbour.

Newcastle Herald

In Poland, where coal is king, homeowners queue for days to buy fuel

In Poland's late summer heat, dozens of cars and trucks line up at the Lubelski Wegiel Bogdanka coal mine, as householders fearful of winter shortages wait for days and nights to stock up on heating fuel in queues reminiscent of communist times.

Reuters

Hunter coal producers earning billions as prices hit new record highs

Newcastle coal prices hit $660 a tonne

Newcastle Herald

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The Guardian - AU

‘Completely laughable’: claims that a mine will create ‘more jobs per hectare’ than the Great Barrier Reef derided

Clive Palmer’s Central Queensland Coal suggested proposed coalmine is a ‘greater economic powerhouse’

Newcastle Herald

Letters: Why didn't the Coalition help the Port of Newcastle sooner

Newcastle Herald readers have their say

The Independent UK

Germany promotes Baltic Sea's 'enormous' energy potential

Germany’s foreign minister says estimates show the Baltic Sea can produce “more than twice the installed capacity of all German coal-fired power stations” as the country works to meet climate change targets and to wean itself off of Russia-supplied energy

Evening Standard

Best wood burning stoves to get a roaring log fire going

Smarter, greener and cheaper; say hello to the new wave of wood-burning stoves

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WEKU

Drought threatens coal plant operations — and electricity — across the West

The Western drought and shrinking Colorado River basin threaten operations at the region's coal plants. With a looming risk of blackouts, it's unclear who is overseeing this threat on the ground.

The Guardian - AU

Queensland resources minister approves expansion of New Acland coalmine

New Hope prepares to resume mining operations near Oakey as it seeks water licence, while local landowners respond with dismay

The Hindu

High court calls Meghalaya ‘game’ on coal

The State government was given seven days to indicate the quantities of coal mined up to 2016 lying in all the specified sites

ABC News

Mining leases for New Hope Group's Darling Downs coal mine get Queensland government approval

After a decade of campaigning, stage three of the Acland coal mine is one step closer but water licences are still needed for the expansion to go ahead.

AAP

Qld's New Acland coal mine leases approved

Stage three of southern Queensland's New Acland coal mine is "just one step away" after the state's resources minister granted the project's mining leases.

ABC News

Wollongong Resources eyes Russell Vale coal mine extension after South32 shelves Dendrobium plan

If approved an extension to the Russell Vale coal mine will see the company continue to build its workforce in the Illawarra region as production increases, chief executive says.

Newcastle Herald

Work starting to fill abandoned mine voids under Newcastle Art Gallery

Thousands of cubic metres worth of grout will be injected into abandoned mine voids under the Newcastle Art Gallery site, before the facility's $40 million expansion takes place.

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