Joy Global is expecting another tough year in 2013, as mining CAPEX remains soft. The company will continue to cut costs and reduce production capacity in line with demand. Any positive news may come from China, where performance of its subsidiary, International Mining Machinery, should start to recover from a weak 2012.
Deloitte has released its Tracking the Trends 2013, highlighting the top ten challenges facing the global mining industry next year. These include rising costs, managing demand uncertainty and growing resource nationalism.
Coal miners in Indonesia’s East Kalimantan province are being left in limbo as production idles while prices on the international markets drop.
At least 17 coal miners have been killed in a gas explosion in an underground mine in southwest China.
The Association of UK Coal Importers has called for a new coal strategy to complement the Government’s gas strategy.
Vale’s board of directors has approved a US$ 16.3 billion investment budget for project execution, sustaining existing operations and R&D.
Anglo American has brought together leaders from more than 60 of its contracting companies to jointly plan how to improve the health and welfare of contract workers at its operations.
The European Commission has approved the merger between Xstrata and Glencore International.
Italy’s coal imports will rise by 12% this year to 19 million t, but its current market share remains the lowest in Europe, hitting the competitiveness of Italian industry, says industry association.
About 75% of US coal exports were shipped to Europe and Asia in 2012, continuing the growth of the past few years with exports this year expected to reach an all-time high, according to the US Energy Information Administration.
The IEA unveils two scenarios, laden with predictions for the likely future of global energy supply and demand up to 2035, with a special focus on energy efficiency.
Illinois basin coal production rose 13% during H1 2012 in response to domestic and international demand for cheaper coal.
ADA-ES Inc. has announced that it has been awarded two contracts for activated carbon injection (ACI) systems and its wholly-owned subsidiary BCSI LLC has been selected to supply up to four dry sorbent injection (DSI) systems as part of a larger air pollution control contract for a fleet of coal-fired generating plants.
Runge Ltd has announced a formal partnership with China Kingho Energy Group, a leading mining and energy company.
Sharon van Dongeren, Port of Amsterdam, the Netherlands, explains how the terminal is playing an important role in the global energy transition.