Coal

Caterpillar Inc. announces significant restructuring and cost reduction actions to lower operating costs by US$1.5 billion.

Paringa Resources, the developer of the Buck Creek No.1 coal mine in Kentucky, expects strong future demand growth for Illinois Basin coal.

TAKRAF has delivered a new cross-conveyor system for the F60 overburden conveyor bridge in Welzow to Vattenfall.

A simple scripted solution applying HARP modelling adds value to the overall mine planning process at the Glendell coal mine.

CLNR announces report highlighting economic benefits of coal gasification.

The Indonesia government has executed a new final income tax on any sale of mineral and coal.

The latest weekly coal production estimate from the US Energy Information Administration show weekly production at US coal mines is down 6.7% from last week’s estimate.

Cockatoo Coal Ltd, through its subsidiary SE QLD Energy Ltd, reaches an agreement with Moreton Resources Ltd’s subsidiary, MRV Tarong Basin Coal Pty Ltd, for the sale and transfer of tenement EPC 882.

Alaska’s only operating coal mine will cease exports on low coal prices and weak demand.

Patriot Coal will proceed with the transaction to sell a proportion of its operating assets to Blackhawk Mining following a competitive auction.

Tanzanian-focused coal company, Edenville Energy, has provided an update on the status of its mining licence application.

The World Coal Association calls on participants at Climate Week to recognise the role of all low-emission technologies to help reduce global carbon emissions, including low-emission coal technologies.

SunCoke, a supplier of high-quality metallurgical coal to the integrated steel industry, intends to streamline the company’s management and has modified its leadership team.

Vattenfall invites prospective bidders to state interests in the company’s German lignite generation and mining assets.

Australian coal producer, New Hope, has reported a statutory loss of over AUS$20 million after impairments and other non-regular items hit the company’s bottom line by AUS$73.6 million.