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Indonesia amends contracts with 13 coal mining …

Indonesia has amended contracts with 13 coal mining companies, including some of the country's biggest producers of the fossil fuel, as part of a shift toward a new mining permit system it expects to boost government revenues.

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20 April 2016. State-controlled coal mining company Tambang Batubara Bukit Asam may be the only Indonesian coal producer that will post higher sales in 2016, both in terms of volume and revenue. The nation's other coal miners are expected to see further dropping coal sales due to sluggish global demand although coal prices may stabilize this year.

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Regarding global coal reserves, Indonesia currently ranks 9th, containing roughly 2.2 percent of total proven global coal reserves according to the most recent BP Statistical Review of World Energy. Around 60 percent of Indonesia's total coal reserves consists of the cheaper lower quality (sub-bituminous) coal that contains less than 6100 cal/gram.

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Coal mining | World Coal Association

Over 7269 million tonnes (Mt) of hard coal are currently produced worldwide and 787 Mt of lignite. Coal is mined by two methods: surface or 'opencast' mining, and underground mining.

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Overview of Vietnam's Mining Industry - SES …

The country has a wide variety of mineral deposits however it is dominated by its coal production with 200 coal mines and total reserves of almost 8 billion tons. Vietnam currently produces zinc, nickel, bauxite, coal and manganese, and with the exception of coal, the majority of current mining projects in the country are small or medium in scope.

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Coal Mining Stocks, Companies, Prices and News

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