Mining

According to a recent survey, 60% of miners intend on switching suppliers in the long term.

Bathurst Resources Limited has released financial results for the half year ended 31 December 2014.

The US Energy Information Administration has released its production estimate for the week ending 21 February.

Glencore plans to reduce Australian production by 15 million t in 2015.

Shumba Coal Limited has announced that it has entered into a binding sale and purchase agreement with Daheng Group Botswana Ltd for the acquisition of the Mabesekwa Prospecting Licence.

The second phase in the auction of 21 ready-to-produce coal mines in India has been postponed until 2 March.

The government of Indonesia is planning to raise coal royalties in March, a move that may be damaging for smaller miners.

Prometheus Group and SMEC have announced a global partnership, which combines Prometheus Group’s leading edge enterprise asset management software with SMEC’s best-in-class asset management consulting group.

MICROMINE is to exhibit its intuitive software solutions and services at this year’s PDAC Convention in Toronto, Canada.

Oracle Coalfields has received written confirmation that its mining lease over the Block VI of the Thar Coalfield in Pakistan has been restored.

According to a new study by THEnergy, renewable energy can boost the negotiation position of mining companies toward current energy suppliers, leading to cost improvements.

Tough market forces are making life tough for mining services operators, and have savaged Deloitte’s Q4 2014 Mining Services Index.

Caterpillar has upgraded the MD6640 rotary drill with the new Cat 390 excavator undercarriage.

Arch Coal’s West Elk Mine has achieved three Colorado state awards.

Coal India Limited has revealed a roadmap of strategies aimed at enabling 1 billion t of coal production by 2019 – 2020.