* API2 coal futures drop to lowest level since Nov. 2005 * China’s yuan hits 4-year low * Lower yuan erodes purchasing power for China’s coal importers * Chinese imports already hit by slowing GDP, pollution measures By Henning Gloystein SINGAPORE, Aug 12 (Reuters)...

By Daniel Tyson REGISTER-HERALD REPORTER | Posted 2 days ago As a number of coal companies file for bankruptcy protection and more teeter on the edge of chapter 11, there was a bit of good news this week about an industry slugged by declining need and tougher environmental...

Every day our lives are shaped by what we see, where we go and what we do, and these actions are greatly attributed to modern conveniences powered by low cost electricity from coal. In just one day, the world is energized by 21 million tonnes of coal. Coal fuels more energy than any other source...

China coal firms suffer H1 profit slump on weak demand Profits from China’s coal sector slumped in the first six months of 2015 with more than 70 percent of firms suffering losses, the country’s state planning agency said, as miners grapple with persistently weak demand and chronic...

Bukit Asam sees profits fall in H1 Despite selling a higher volume of coal, state-owned coal miner PT Tambang Batubara Bukit Asam (Bukit Asam) saw its profits fall in the first half of this year as the commodity’s price plunged. The publicly listed coal supplier booked a 31.22 percent drop...

Japan will depend on new coal technology that’s more than twice the cost of traditional plants to meet its targets on reducing global warming pollution. In a plan formally adopted earlier this month, Japan said it expects coal to generate about a quarter of the nation’s electricity...

As the coal industry’s troubles prolong, Peabody Energy Corporation (NYSE:BTU) is facing a difficult time as investor confidence seems to be at an all-time low. Over the past 12 months, the stock has fallen by 92.65%. Since January 1, 85.12% of the coal miner’s market capitalization...

Roughly 16% of Australian thermal coal mines representing around 33 million mt of production is classed as uneconomic at a current spot price of around $59/mt FOB for Newcastle 6,000 kcal/kg NAR, said a team of mining analysts at Morgan Stanley in a report released over the weekend. This...

Berau Coal’s 12.5 percent $450 million bonds fall due on Wednesday, and while there has been no official statement on whether the bonds will be redeemed on schedule, bondholders are expecting the issuer to enter a stay under the Singapore courts before resorting to a similar scheme in...

ISLAMABAD: Coal would remain a predominant energy resource to generate electricity in South Asia in future. It would account for more than half of the total installed capacity in the region by 2040 because of its cost competitiveness as compared to other technologies to generate electricity. The...