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Coal
 
MINE REHABILITATION

R17.5m Anglo project to improve, accelerate mine rehabilitation

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Diversified miner Anglo American’s thermal coal business, Anglo Thermal Coal, has developed and patented a bioconversion technology that it believes could significantly reduce the cost and improve the rate and quality of opencast mine...
23rd April 2014
 
 
ENVIRONMENT

Cline Mining settles with BC govt over expropriated coal properties

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Bankrupt coal junior Cline Mining this week reached a settlement with the government of British Columbia over a 2012 civil claim alleging the government expropriated three coal properties in the south-eastern parts of the province worth more than...
22nd April 2014
 
 
COAL

Arch Coal widens Q1 loss as weak coal prices weigh, lowers guidance

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US coal producer Arch Coal on Tuesday reported a 77% wider first-quarter loss as a result of challenging global steelmaking coal markets and the persistence of rail performance issues in Appalachia. For the three months ended March 31, the...
22nd April 2014
 
 
COAL

Teck to cut 600 from workforce, coal margins at decade lows

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Diversified Canadian miner Teck Resources on Tuesday announced that it would reduce its global workforce by 5%, or 600 workers, as it sought to cut costs amid sagging profit and low commodity prices. For the three months ended March 31, the net...
22nd April 2014
 
 
PROXY BATTLE

Dissident shareholder has not made a compelling case to change Sherritt - ISS

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Corporate governance analysis and proxy voting firm Institutional Shareholder Services (ISS) has concluded that dissident Sherritt International shareholder, Halifax-based investment firm Clarke Inc, has not made a compelling case for change,...
21st April 2014
 
 
RESIGNATION

Wescoal CFO resigns

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JSE-listed Wescoal has announced the resignation of CFO Piet Janse van Rensburg, with effect from June 30. The company said in a statement on Thursday that it would start a process to identify a suitable successor and would notify the market once...
17th April 2014
 
 
MINING INVESTMENT

Worrying technical corner-cutting needs to be nipped in bud – Mineral Corp Video Available

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Worrying technical corner-cutting was sneaking into the mining industry and needed to be nipped in the bud, The Mineral Corporation MD Frank Gregory said on Thursday. Speaking to Mining Weekly Online in the attached video interview, the...
17th April 2014
 
 
COAL

More speed bumps in way of Indian coal block auction plans

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India’s maiden auction of captive coal blocks hit yet another snag with prospective bidders raising a red flag over alleged discrepancies in the reserves of the three blocks on offer. In a pre-bid meeting of prospective captive coal users...
17th April 2014
 
 
 
 
 
 
Coal Multimedia
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Worrying technical corner-cutting needs to be... Video
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No platinum surge despite 400 000 oz... Video
Tete most favourable sub-Saharan Africa coal... Video
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Jobs impact still uncertain as Sasol gets set... Video
Transnet boosts Exxaro’s coal railing, Eskom... Video
Exciting new system automates mining of low seams Video
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Underground coal gasification has key... Audio
Wescoal posts big jump in FY earnings Audio
South Africa’s new State mining... Audio
'Powered' Coega smelter viable, 'all... Audio
Teck Cominco seeks greater coal... Audio
Cleveland-Cliffs to buy coal-miner... Audio
Eskom won’t force miners’... Audio
Over 200 mining-related land claims... Audio
Teck expects record copper, coal... Audio