Energy Bangla

Havingmore operating loss than previous year, GCM desires its continuous efforts for Phulbari Coal Project. The company remains wholly focused on pursuing the necessary approval from the Government for the Project to proceed with the next stage of development. GCM incurred 6 lac 40 thousand pound losses equivalent more than 7 crore taka in only six month ending December 2015. In a release published yesterday in London on company’s interim... »

At least five labourers were killed when a coal mine collapsed in northwest Pakistan, officials said Sunday, with two more still missing. More than 30 miners were trapped in the far-flung mountainous Orakzai tribal district after a shaft collapsed amid heavy downpours on Saturday, according to Zubair Khan, the top government official in the district. “Rescuers have so far retrieved five dead bodies while 26 were rescued alive,” Khan told... »

China will aim to close more than 1,000 coal mines over this year, with a total production capacity of 60 million tonnes, as part of its plans to tackle a price-sapping supply glut in the sector, the country’s energy regulator said. China is the world’s top coal consumer but demand has been on the wane as economic growth slows and the country shifts away from fossil fuels in order to... »

In 1983, the year before the coal miners’ strike – one of the most bitter industrial disputes in British history – the UK produced 119 million tonnes of coal. Production would never reach that level again, with the strike heralding the long slow decline of an industry they once called King Coal. Thirty years later, China’s growth in coal consumption – just its growth – was not far off the... »

State Minister for Power, Energy and Mineral Resources (PEMR) Nasrul Hamid inaugurated Tuesday the feasibility study work for the extraction of coal bed methane adjacent to Jamalganj coalmine at a function as the chief guest. Three core holes would be drilled and testing on core samples would be carried out under the study. The consultant for the study will estimate the reserve of coal bed methane and recommend production test... »

Exploration of methane gas from the country’s largest coal deposit at Jamalganj in the northern district of Joypurhat would begin on Tuesday. Indian West Bengal-based consulting firm Mining Associates Pvt Ltd would begin drilling of first exploration well at Jamalganj coal deposit between 600 metres and 1,100 metres depth, officials said. Petrobangla, the state-run Oil, Gas and Mineral Resources Corporation, has engaged the firm to conduct the feasibility study, they... »

GCM’s Chairman, Datuk Michael Tang, was re-elected unanimously by shareholders.  In his address to the meeting Mr Tang reiterated strongly of his personal, as well as the company’s, commitment to work with the Bangladesh Government and the local community to develop the Phulbari Coal Project including associated power plants. GCM Resources, held its Annual General Meeting (AGM) in London on Friday last 18th December. Mr Tang said GCM through its... »

Nineteen coal miners trapped for more than 24 hours after a gas explosion and raging fire in a mine in Hegang, in northeastern China, are presumed dead, the state-run broadcaster CCTV reported on Thursday. The explosion on Wednesday afternoon initially trapped 52 workers, but 33 were rescued, CCTV said. A spokesman for the rescue team, Zhang Qinxiang, told the broadcaster that the 19 still inside a tunnel could not possibly... »

GCM Resources plc Chairman Michael Tang said, the last twelve months have been challenging for the junior mining sector as commodity markets continue to deteriorate and raising new funding has become particularly difficult for any mining company that is not producing. In contrast to the decline in global demand for coal, Bangladesh, where GCM’s operations are located, is expected to see a significant increase in demand for high quality thermal... »

In naogaon, north-west district of the country, a new coal mine was likely to find. Geological Suervay of Bangladesh (GSB) conducting a survey in Tilokpur union on akkelpur upozila at Naogaon. After the survey GSB initially located the mine in this area. Now, Mining depth, spread, amount of reserve and the quality of coal will be determined by exploratory wells. GSB and fuel ministry source informs, grubber rig has been... »