Mining

South Africa mining company, Pan Africa, has completed the purchase of Uitkomst coal mine.

Australian engineering company is to close its coal mining services businesses and exit the sector on the back on unsustainable pressure to reduce prices.

The IRMA releases second draft, Standard for Responsible Mining, inviting comments ahead of the global certification for industrial-scale mine sites, planned for late 2016.

Yancoal has lost control of its Ashton, Austar and Donaldson coal mines as part of a debt financing agreement.

A US federal appeals court has vacated an ealrier court order stopping mining operations at Area IV North of the Navajo coal mine.

Anglo American will sell its 70% interest in the Foxleigh coal mine in Queensland, Australia, to a consortium led by Taurus Fund Management.

A round-up of some of this week's key news items from the international coal industry, from recently commissioned coal plants to the latest sales and acquisitions.

CONSOL Energy closes on the sale of the Buchanan mine and other metallurgical coal assets to Coronado for total consideration of US$420 million.

Foresight Energy, has received permission from the Mine Safety and Health Administration to temporarily seal the entire Deer Run mine, in Illinois, the US, to reduce or eliminate oxygen flow paths into the mine.

Peabody Energy announces redundancies at its North Antelope Rochelle mine in the Powder River Basin.

Centaur Holdings Ltd is moving forward with expanding De Roodepoort in South Africa.

Siemens opens new AUS$20 million equipment service centre in Perth. Australian Mining speaks with Siemens' Dr Thomas Moser about the new centre.

Sandvik appoints Johan Kerstell as head of Human Resources and member of the Group Executive Management.

The Mining Association of Canada welcomes the Federal Budget investing in mining essentials and supports the government’s focus on a clean growth economy and reconciliation with Indigenous peoples.

Caterpillar sees sales of US$9.3 – US$9.4 billion in 1Q15 on further weakness in its key industries.