Mining

Cliffs Natural Resources has announced Q3 results, recording revenues down US$248 million with its coal business operating at a loss of US$32.2 million for the year to date.

BHP Billiton will continue to target shareholder value with simplified portfolio.

Peabody Energy’s Millennium coal mine and Resolve Coal’s Hyde Park project were honoured at this year’s Australian Mining Prospect Awards.

Caterpillar’s mining sales dropped 19%, while profits plunged 62%, in Q3 on the back of weak CAPEX spending in the mining industry.

Vale’s coal production grew by 5.9% in Q3 as logistical bottlenecks in Mozambique continued to hold back the ramp up of the Moatize mine.

The global mining equipment market will grow by 8.5% per year to 2018, according to a new report from Transparency Market Research.

Prairie Mining has appointed Patrycja Wolinska-Batkiewicz, former deputy minister at the Ministry of Transport, Construction and Maritime Economy, to the board of its Polish subsidiary.

The board of Rio Tinto have extended the term of CEO Sam Walsh beyond his fixed-date retirement next year.

At an underground coal mine in the US, medium-voltage circuit breakers provide a compact circuit protection solution.

BHP Billiton remains on track to meet its two year production target for both metallurgical and thermal coal with production of the steel-making ingredient up 25% in Q3.

TECO Energy sells its coal mining subsidiary to Cambrian Coal, part of the Booth Energy Group.

A Wirtgen 2200 SM 3.8 surface miner is being used in the Chinese province of Xinjiang as mining firms in the region move away from conventional drilling and blasting.

Tony Abbott, the prime minister of Australia, has officially opened BHP Billiton’s new Caval Ridge metallurgical mine.

Kibo Mining said initial study of the Rukwa coal project in Tanzania shows capital expenditure will be lower than expected.

Two US congressmen – one Republican and one Democrat – have proposed legislation to help unemployed coal miners back to work.