Mining - 20 July 2015

Hexagon Mining provides Exxaro’s Grootegeluk coal mine in South Africa with SAFEmine, a collision avoidance and fatigue monitoring technology.

Politicians from both main political parties have criticised the Office of Surface Mining Reclamation and Enforcement’s proposed Steam Protection Rule.

The United Mine Workers of American Pension Plan is suing Peabody Energy and Arch Coal to try to force the two companies to take on US$800 million of bankrupt Patriot Coal’s liabilities.

Operating profit at Sandvik Mining jumped 74% in 2Q15 on favourable foreign exchange raters and continuing structural saving.

The National Mining Association urges Congress to stop the Stream Buffer Zone Rule set out by the Office of Surface Mining and Reclamation Enforcement.