Coal

Queensland’s coal exports continue to set records, according to the Queensland Resources Council, despite the challenging operating environment.

TerraCom appoints Cameron McRae as the new Chairman of company, effective immediately.

Government involvement in Mongolia’s coal mining industry will provide major near-term constraint, but sector will still grow to 2020.

Kazakhstan’s coal production is likely to grow relatively strongly to 2020 on domestic demand and increased export opportunity.

Oracle’s share prices spiked on news that it had signed a Shareholder Framework Agreement with its Chinese partners.

The Australian arm of US coal giant, Peabody Energy, has reported losses of AUS$2.7 billion for the year to December 2015.

US coal production falls 23.4% year on year for the week ending 28 May, according to the Energy Information Administration.

ResGen appoints Zirk van Der Bank as Chief Operating Officer of the company’s operating subsidiary Ledjadja Coal.

Joy Global records quarterly operating loss – but there is some good news from order bookings, up 12% on last year.

South African coal company, Wescoal, has reported a jump in operating profits for the year to 31 March on increased turnover.

UK-based Pennsylvania anthracite producer, Atlantic Carbon, has acquired Hazleton Shaft Corp., significantly boosting its anthracite reserves.

Jameson Resources completes key pre-application phase activities in order to progress its Crown Mountain metallurgical coal project in British Columbia.

The US EPA sets out a federal plan for Hunter and Huntington power plants in Utah to reduce nitrogen oxide emissions by an estimated 9885 short tpy.

Mining production grew 6.2% in the March quarter, according to the Australian Bureau of Statistics, underpinning national GDP growth on 1.1%.

Brazilian mining giant, Vale, has completed the sale of its stake in the CSA steel plant to thyssenkrupp.