Mining

Allison Transmission Holdings Inc. has reported net sales for 1Q16 of US$462 million, an 8% decrease from the same period in 2015.

Teck Resources Ltd has reported profit attributable to shareholders of CAN$94 million (CAN$0.16/share).

Curtin University signs MoU with Mali research institution to broaden mining engineering opportunities in Australia and Mali.

Anglo American plc has announced that René Médori, Finance Director, René Médori, is to retire when he reaches the age of 60 in 2017.

Brazilian mining company Vale reports coal production at its Australian operations increased in 1Q16 compared to 4Q15 but Moatize production saw declines.

Rio Tinto Marandoo was chosen from 265 mining operations and joins the ranks of prominent past winners including Kiewit Mining Group and PT Pamapersada Nusantara.

MSHA has notified underground coal mine operators of an interference problem between proximity detection systems (PDS) and respirable dust sampling devices when both devices are in use at the same time.

Dr Lynham told Parliament that action was underway on changes to the regulation of coal dust, which causes coal workers’ pneumoconiosis.

Rio Tinto’s thermal coal production has fallen 9% y/y on wet weather in New South Wales and an ownership restructuring at its Coal & Allied subsidiary.

Rio Tinto produced slightly less hard coking coal (HCC) from its Queensland operations in 1Q16 compared to 1Q15 – but saw a jump in semi-soft coking coal production.

Thiess has received a three-year contract extension by PT Teguh Sinar Abadi and PT Firman Ketaun Perkasa (members of the Bayan Group) to continue operations at Melak Coal Mine, in East Kalimantan, Indonesia.

Widening of the LW06 longwall panel at Narrabri coal mining is on schedule and on budget.

Thermal coal from Whitehaven’s Maules Creek mine fetched an 8% premium over the index price in 1Q16.

Despite much talk, the Obama administration has down little to effectively curb the costs of regulation on US business.

The value of Australia’s resource and mining sector exports are forecast to increase by over a third by 2020 – 21.