Mining

Energy Resources LLC has awarded Thiess a four-year contract extension at the Ukhaa Khudag (UHG) coal mine, delivering up to US$1 billion of revenue during the next seven years.

Australian contract miner, Thiess, has been awarded an AUS$760 million contract to operate the Mt Owen coal mine in New South Wales.

Australian coal miner, Glencore, may idle its Collinsville coal mine in north Queensland for three weeks and lay off 80% of staff.

Mining has gone through various technology step-changes, from the mechanisation of key processes to the limited application of automation. Now mining innovation is being driven by the convergence of IT and OT with many potential benefits.

The Pennsylvania DEP awards Winslow Township mine reclamation project to P & N Coal Company.

Achieving operational excellences remains the key mining trend, according to Deloitte’s ‘Tracking the Trends 2016’, but adapting to the ‘new normal’ dominates further down.

Foresight Energy LP has reported that on 25 November 2015 it withdrew underground mining personnel from its Deer Run mine in Illinois due to elevated carbon monoxide readings.

Results from a bankable feasibility study have indicated that Paringa Resources’ Buck Creek No. 1 coal mine will have a low capex, low opex FOB barge and be a high-margin coal mine.

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

Phuthuma Nhleko will step down from Anglo American’s board.

DTEK Energy, a Ukraine energy company, has reported its coal mining companies coal production, supply and electricity generation for nine months of 2015.

TAURON has reported coal extraction and higher sales volumes have helped the company’s mining business to increase earnings.

Mining machinery manufacturers in Germany are expecting a 3% fall in international sales for the current year, 2015, but are positive for the future, according to the Mining Association in the German Engineering Federation.

Rio Tinto’s Bengalla opencast coal mine has taken on five new electrical and plant mechanic apprentices.

Sandvik has announced its Chief Financial Officer, Mats Backman will leave the company.