Coal

The news stories that caught the attention of the World Coal team this week.

A number of digital highlights from the August issue of World Coal magazine.

Arch Coal’s Vindex Energy has received the 2013 Excellence in Reforestation regional award from the Appalachian Regional Reforestation Initiative (ARRI).

IchorCoal has substantially increased turnover on the back of a sharp rise in coal production at South African mining operations.

Rio Tinto’s energy group recorded a loss of US$19 million, down from US$52 million in 2013 as OPEX and CAPEX cuts boost revenues.

Foresight Energy has reported Q2 2014 results, setting new records for coal production, sales volume and adjusted EBITDA.

Adaro Energy has released Quarterly Activities Report for the second quarter of 2014.

Peabody Energy is reducing coal production by approximately 1.5 million tpa from the Burton Mine in Australia.

Waratah Resources has entered into an agreement for the sale of a trial cargo of thermal coal from South Kalimantan, Indonesia.

Siemens Energy is supplying high-efficiency steam turbine-generator sets to coal-fired power plant projects in India.

Walter Energy has announced results for the second quarter of 2014.

Guildford Coal has reached an agreement with Sino Construction to enter into a term sheet to acquire Guildford’s Australian coal assets.

Aspire Mining announced that the Ekhgoviin Chuluu JV has agreed to initiate an exploration drilling programme at the Nuurstei Coal Project.

It’s time for mining companies to stop following and start leading the drive for technological innovation.

Vale’s coal business continued to lose money in Q2 2014 but good progress is being made on its Mozambique coal transportation infrastructure project.