Mining

Sandvik Mining has reported an operating profit of SEK2.585 billion for 2015.

A round-up of some of this week's key news items from the global coal industry, from recent project updates to the US coal industry’s reaction to Clinton’s comment on coal miners.

Alexey Ivanushkin is leaving Mechel OAO, a leading Russian mining and metals company, as its First Deputy Chief Executive Officer.

Mining groups have criticised proposed laws that would limit the use of fly-in fly-out (FIFO) workers in Queensland.

China Shenhua Energy Co., the listed arm of Chinese largest coal company, Shenhua Group, has recorded a 21.2% fall in sales in February.

Jean-Sébastien Jacques succeeds Sam Walsh as Rio Tinto Chief Executive and will lead Rio through a complex mining industry.

Sandvik will merge its operations Sandvik Mining and Sandvik Construction into one business area to create Sandvik Mining and Rock Technology.

Australian mining contractor has reported improved half-year results for its mining division, but the going remains tough for its engineering and maintenance division.

Aurizon has secured a long-term contract extension with BHP Billiton for its Mt Arthur coal mine in the Hunter Valley, Australia, to June 2028.

Continued weakness in global oil prices remains positive for the mining industry, reducing operating costs by 4 – 5% this year.

Due to a challenging market environment, Arch Coal is suspending efforts to develop a coal mine on the Otter Creek reserve block.

The New South Wales Minerals Council has welcomed proposal by the NSW government to toughen deterrents for illegal mine site protests.

A former horse dentist turned dragline has been named Queensland’s top tradeswoman/operator/technician at the QRC and WIMARQ awards to women in the resources sector.

Following the CoalSafe 2016 conference, in Secunda, Mpumalanga, the Chamber of Mines commended the coal industry for its continual improvements in safety.

The Queensland Resources Council has updated its guide to effective community engagement in light of the industry downturn.