Mining

Consol Energy has announced a second quarter loss of US$603 million following a writedown of its oil and gas assets

Consolidated Mining & Civil Ltd gain a Maptek Sentry monitoring system to use at Havilah Resources Ltd’s Portia gold mine in South Australia.

Peabody Energy has announced a quarterly loss of US$1.01 billion on writedowns of US$900.8 billion on its Australian metallurgical coal operations and US assets for sale.

A joint venture between Aspire Mining and Noble Group: the Ekhgoviin Chuluu Joint Venture has commenced 2015 exploration programme at the Nuurstei metallurgical coal project.

Foresight Energy resumes longwall mining operations at its Deer Run Mine.

Fitch Ratings has downgraded Peabody Energy, indicating a default at the world’s largest private-sector coal miner is now a real possibility.

Cloud Peak Energy is in the process of moving a dragline from its Cordero Rojo mine to its Antelope mine.

US coal mining company has postponed its planned reverse stock split.

Rotork CVA valve actuators have been selected for a coal-mine degassing application in Australia.

Vinacomin subsidiaries have swung back to profit in 2Q15, according to reports from the Vietnamese state-owned coal mining company.

Westmoreland losses were down to US$36.6 million in 2Q15 from US$63.4 million in the previous year.

A round-up of some of this week’s key news items from the international coal industry, from updates of on projects and plants to the latest 2Q15 results.

Canadian mining company, Teck Resources, made CAN$215 million before depreciation and amortisation in 2Q15

Vale produced 2 million t of coal in 2Q15 with 1.27 million t from the company’s Mozambique operations.

Diversified miner, Anglo American, announced underlying EBITDA of US$589 million from its coal business unit as strong costs cutting offset lower prices.