Xstrata has announced record production from its Australian thermal coal operations following the successful commissioning of the Mangoola mine. Production in Colombia was also up on the previous year, but down in South Africa where industrial action and restructuring saw production drop by 3%.
Australian miner, Cockatoo Coal, announces JORC reserves at Taroom and Collingwood projects in the Surat basin, and the establishment of the North Surat Joint Venture with Mitsui.
Sandvik celebrate’s its 150th birthday on 31st January.
Kinder Morgan Energy Partners has announced plans to invest approximately US$ 140 million to further expand its coal handling facilities along the Gulf Coast.
Peabody Energy has announced in full year results for 2012, reporting an increase in operating profits to US$ 1.59 billion. Investment in Australia will continue apace; however, the company warns of depressed conditions in the US market due to muted economic growth and increased coal-to-gas switching.
India is set to become the largest importer of coal in the world. But doubts remain over many aspects of current power sector legislation and electricity tariffs. Mike King examines the uncertainty this is creating for the power generating companies and the miners that serve them.
Environmental regulation of the Canadian oilsands projects is similar to other operations of comparable size and scope, IHS CERA report says.
New World Resources, a leading hard coal and coke producer in Central Europe, has announced its production and sales targets for 2012.
Danish engineering company, FLSmidth, has made an offer for Ludowici Ltd, a leading provider of coal centrifuges, vibrating screens and complementary wear resistant products and services for the minerals industries. The acquisition would enable FLSmidth to complete its coal processing product ofference and strengten the company’s position in one of the largest mining markets in the world.
BHP Billiton has given the Queensland Government notice of a proposed rail corridor alignment to the Port of Abbot Point, which can be used to accommodate multiple rail lines, including a dedicated rail line for BHP Billiton and its joint venture partners in the Bowen Basin.
BP forecasts robust global energy demand to 2030 despite efficiency gains.
January 2011: Kay Sever examines the ‘intangible’ factors which act as an obstacle to success.
Ncondezi Coal Co. Ltd, a coal exploration and development company with coal assets in Mozambique, has announced the signing of a new rail and port infrastructure agreement as part of its strategy to export coal from its Ncondezi project.
McLanahan Corp. acquire Universal Engineering and J.H. Fletcher & Co. enter into a distribution agreement with Joy Mining Machinery.
After its successful IPO based on near-term thermal coal production assets in 2010, Universal Coal‘s metallurgical coal assets will be the main driver for investor interest in 2012.