Mining

The Department of Energy permits Semirara Mining and Power Corp, a unit of DMCI Holdings Inc, to resume mining operations at its Panian opencast mine in central Philippines.

The number of new and reactivated US coal mines has dwindled over the past few years according to a report by the US Energy Information Agency.

The Indonesia government has executed a new final income tax on any sale of mineral and coal.

Alaska’s only operating coal mine will cease exports on low coal prices and weak demand.

BHP Billiton paid US$7.3 billion in taxes and royalties in the 2015 financial year as part of a broader economic contribution of US$35.7 billion.

Chris Curfman, Vice President of Caterpillar’s Global Mining Division, retires from the company, effective 31 December 2015.

Australian coal producer, New Hope, has reported a statutory loss of over AUS$20 million after impairments and other non-regular items hit the company’s bottom line by AUS$73.6 million.

There may be a way to go yet before the mining industry reaches the bottom of the cycle.

Cambrian Minerals Group Inc. appoints Tom Myatt, a well-known mining executive, to its Senior Management Team.

According to a new report by Timetric’s Mining Intelligence Center, more mines in Latin America are planning to significantly increase their spending over the next twelve months compared to any other mining region.

A round-up of some of this week’s key news items from the international coal industry, from updates on developments, projects and operations to outlooks on coal consumption and production.

Vedanta appoints Cynthia Carroll as the Chair of Vedanta Resources Holdings Ltd, a global natural resources and mining company.

Following an additional investigation of the competitive landscape, the current market situation and potential risks, Sandvik will carry on its operations in Turku, Finland.

At a public hearing in St Louis, the Texas Mining and Reclamation Association oppose the US Office of Surface Mining’s proposed Stream Protection Rule.

Coal operators, environmental engineers and businesses testify against a Federal regulation on the proposed Stream Protection Rule to the US Office of Surface Mining Reclamation and Enforcement.