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Mining - 29 July 2015

Miners in Asia and Africa more likely to change OEMs

A recent survey by Timetric’s Mining Intelligence Center finds over half of the respondents in Asia and 39% of respondents in Africa are likely to switch OEMS within the next five years.


Consol Energy announces 2Q15 loss

Consol Energy has announced a second quarter loss of US$603 million following a writedown of its oil and gas assets


Peabody announces billion dollar quarterly loss

Peabody Energy has announced a quarterly loss of US$1.01 billion on writedowns of US$900.8 billion on its Australian metallurgical coal operations and US assets for sale.