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Exclusive: South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers

JOHANNESBURG (Reuters) - South Africa's National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle higher costs and falling prices in an already heated labor climate. Full story

James River shares soar on debt exchange

Shares of James River Coal Co. jumped Friday after the company said it reached deals to exchange about $243.4 million of existing debt for $123.3 million in new debt, pushing back the maturity of some of it by three years. Full story

CONSOL will restart Blacksville mine on Monday

CONSOL Energy Inc. says it's got federal approval to restart its sprawling Blacksville No. 2 coal mine with the morning shift on Monday. Full story

L&L Energy rises on expanded Datang coal deal

Shares of L&L Energy Inc., which mines and distributes coal in China, were up 14 percent Wednesday after the company it will provide a million tons of coal to Datang International Power Co. Full story

Report says more woes for Appalachian coal mining

Hard times are expected to continue in the Appalachian region that was once the heart of the nation's coal production, according to a new report. Full story

Glencore Xstrata scraps plans for Australia coal export terminal

PERTH (Reuters) - Glencore Xstrata <GLEN.L> is stopping work on a planned 35 million tonnes per annum Australian coal export terminal as a result of poor market conditions, making it likely it will also scrap an associated coal mine. Full story

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Articles

Export coal deal stalls as companies renegotiate

Patriot's bid to cut benefits in judge's hands

Utah coal miners protest outside Berkshire meeting

Sector Snap: coal companies

Report: Ill. coal enjoyed record exports in 2012

Insight: U.S. miners' union charts new course to save benefits in bankruptcy

Lawsuit filed against Santee Cooper

Navajo Nation forms company to run NM coal mine

Sumitomo pulls out of Aquila coal JV in Australia

Wyoming gov.: Don't examine global effects of coal

Video

  Hope For Coal Stocks?

The Fast Money traders weigh in on how to play the coal space, and share their trade on some of today's top movers in the market.

  UNP, Riding the Rails to Profit

Rob Knight, Union Pacific CFO, discusses his company's record fourth quarter and weighs in on the weak demand for coal.

  Cramer's Mad Dash: Focus on Rails

Jim Cramer explains how coal is hurting some railroad companies but not Kansas City Southern.

  Coal country has steadily shifted to the GOP since the 1990s

The National Journal’s Reid Wilson joins The Daily Rundown's Chuck Todd for a Deep Dive into the coal wars and coal country’s steady shift from blue to red.  

  The culprit behind the ‘war on coal’

Dave Roberts, a staff writer at the Grist.org; Tanya Fields, an urban farmer; Dan Dicker, a CNBC contributor; and Uni Blake, director of environmental affairs for Hometown Energy Group; talk about natural gas extraction through fracking, and how it is affecting the coal industry.

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Related Photos

File photo of a boy carrying coal at an open cast coal field at Dhanbad district in Jharkhand
File photo of a boy carrying coal at an open cast coal field at Dhanbad district in Jharkhand

A boy carries coal at an open cast coal field at Dhanbad district in the eastern Indian state of Jharkhand in this September 20, 2012 file photo. To match Special Report INDIA-COAL/ REUTERS/Ahmad Masood/Files (INDIA - Tags: BUSINESS EMPLOYMENT ENERGY ENVIRONMENT)

File photo of a local woman preparing to collect coal from an open cast coal field at Dhanbad district in Jharkhand
File photo of a local woman preparing to collect coal from an open cast coal field at Dhanbad district in Jharkhand

A local woman prepares to collect coal from an open cast coal field at Dhanbad district in the eastern Indian state of Jharkhand in this September 20, 2012 file photo. To match Special Report INDIA-COAL/ REUTERS/Ahmad Masood/Files (INDIA - Tags: BUSINESS EMPLOYMENT ENERGY)

File photo of locals collecting coal from the dump site of an open coal field at Dhanbad district in Jharkhand
File photo of locals collecting coal from the dump site of an open coal field at Dhanbad district in Jharkhand

Locals collect coal from the dump site of an open coal field at Dhanbad district in the eastern Indian state of Jharkhand in this September 19, 2012 file photo. To match Special Report INDIA-COAL/ REUTERS/Ahmad Masood/Files (INDIA - Tags: BUSINESS EMPLOYMENT ENERGY ENVIRONMENT)