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Mining

 
 
 
 
 

Whitehaven writedown hits bottom line

An AUS$355 million writedown on early-stage exploration assets hits an otherwise solid set of annual results from Australian production, Whitehaven Coal.

 

The end of the road for Solid Energy?

The board of New Zealand’s state-owned coal mine, Solid Energy, has placed the company into voluntary administration and proposed to sell its assets off over the next two and a half year.

 
 
 
 

Sandvik parts company with CEO

The Sandvik board of directors have fired company President and CEO Olof Faxander, replacing him with current head of Wärtsilä.

 

An outlook on Botswana’s mining sector

A forecast from BMI Research on Botswana’s mining sector through to 2019 indicates diamond production and a growth in coal will support the sector but a lack of diversity may leave the country vulnerable to growing competitors.

 

Poland: a key player in the European coal market

BMI Research has forecast Polish coal mining to grow in the coming years, yet only a limited amount. But this will keep Poland a significant player in the European coal market.

 
 

Arch Coal fined for Clean Water Act violations

Arch Coal will pay a US$2 million civil penalty and upgrade its Clean Water Act compliance systems under a settlement with the US Environmental Protection Agency and US Department of Justice.