China key to globalized energy, EU says BRUSSELS, May 7 (UPI) -- China has a vital role to play in a globalized energy sector where energy security is a key ingredient in national security, a European official said. Read Full Article Read more   Has Russian coal & steel company Mechel reached a bottom? Mechel OAO ( MTL , quote ) announced it has reached an agreement with lenders to renegotiate debt covenants as the company failed to meet debt-to-EBITDA ratios for the second time Read Full Article Read more   Mechel Posts 1Q Operational Stats - Analyst Blog Russia's leading mining company, Mechel OAO ( MTL ), recently released its operational results for the first quarter of 2012. The company's operations exhibited improvement in the Read Full Article Read more   New coal giant Mozambique faces rising public anger On a recent morning in western Mozambique, a group of 500 families in the district of Moatize fed up with Brazilian mining giant Vale do Rio Doce gave up on writing letters to the government and erected blockades instead. They hauled logs across the railroad and piled stones on the highway, halting the flow of Vale's coal. Read Full Article Read more   Pall Corp. to Present Water Treatment Solutions at MiningWorld Russia PORT WASHINGTON, N.Y.--(BUSINESS WIRE)--treatment solutions to help mining companies reduce costs while protecting the natural environment at MiningWorld Russia on April 24th in Moscow. Read Full Article Read more   Coal Industry Stock Review - April 2012 The importance of coal as a source of generating power has increased over time with the rise in industrialization. In due course, alternatives to coal for generating power have now curbed the dominance ... Read Full Article Read more   Prophecy Coal Provides Coal Sales Update from Ulaan Ovoo VANCOUVER, BRITISH COLUMBIA-- - Prophecy Coal Corp. is pleased to provide the following update on its open pit coal operation at its Ulaan Ovoo mine in Mongolia.Since 2010, the Company has invested over ... Read Full Article Read more   Van Eck Launches Proprietary Indexes  Van Eck looks like it’s moving further into self-indexing, with the launch of four new indexes.Van Eck’s Germany-based indexing unit launched four new indexes today that target territory alre... Read Full Article Read more   Thursday's AIM news: Commodities Amur Minerals and Coal of Africa were among the AIM -listed commodities firms updating investors on Thursday. Read on to find out what they, and XX others, had to say... Read Full Article Read more   Mechel Ready to Drop IPO Plan Should Asset Strategy Raise Funds OAO Mechel (MTL) is ready to drop proposals for a London or New York initial public offering for its mining unit should the company raise enough money from a plan to boost returns, including possible asset sales, to finance projects. Read Full Article Read more

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