Mining

Metso appoints Eeva Sipilä as its new Chief Financial Officer.

Jennmar is to buy DSI’s US mining operations, while DSI will purchase Jennmar’s European, Latin American and Australian businesses in a series of agreements.

Sandvik Mining has bucked the gloomy trend in mining, announcing an operating profit of SEK749 million and 3% growth in invoiced sales in 4Q15.

Pit reconfiguration work at Universal Coal’s Kangala coal mine resulted in a fall in ROM coal production in 4Q15.

Alpha Natural Resources is to close eight mines in Raleigh and Boone counties in West Virginia

Wescoal Holdings’ Elandspruit coal mine in Mpumalanga Province, South Africa, is now delivering its production target of 165 000 tpm.

Liebherr Group produces record sales of €9.2 billion in the 2015 business year with revenue from the construction machinery and mining product area increasing by €337 million.

Caterpillar’s mining business has announced a loss of US$105 million in 4Q15 on the back of a 23% fall in sales and revenues.

A round-up of some of this week's key news items from the international coal industry, from the latest power plant developments to outlooks on coal-fired power in the UK, India and Vietnam.

Gekko Systems has made four key appointments to its Canadian and South African offices.

Alpha Natural Resources applauds its affiliate operations honoured for safety performance safety in West Virginia.

Coal production at Wesfarmers’ Curragh mine fell in 4Q15 on a planned mine shutdown to allow upgrade of the coal mine’s coal crushing facilities.

Rio Tinto is set to sell its Mount Pleasant thermal coal assets to MACH Energy Australia for US$224 million plus royalties.

The Association for Mineral Exploration British Columbia calls for government action following the release of a new report that highlights restrictive regulations, lack of clarity in land access and use policies in British Columbia.

Yancoal saw its production fall 9% in 2015 – but still managed to grow its sales volumes by 1%.