Mining

Bathurst Resources has announced a capital raising plan to raise up to AU$ 6.87 million in a discounted share placement.

The UK government’s refusal to fund a coal rescue plan will cost jobs and force the country to rely on overseas energy suppliers.

Viking Ashanti is moving closer to a takeover of Auminco that could see the company become a producer of thermal coal within 12-18 months.

Altra Industrial Motion Corp. has been named in ‘Forbes America’s 100 Most Trustworthy Companies’.

Atlas Copco will move the operations of two of its mining equipment production facilities in Sweden to its competence centre in Örebro.

The Land Court of Queensland has granted conditional clearance to GVK’s Alpha Coal Mine project.

Rio Tinto has lost a court appeal to expand its Warkworth open-cut coal mine, near Bulga, in New South Wales.

Universal Coal has delivered the first thermal coal from its Kangala mine to utility company Eskom.

New World Resources has confirmed the fatality of an employee at its Darkov Mine in the Czech Republic.

The TUC has responded to the government’s reaction to UK Coal’s announcement of its planned coal mine closures.

Lubelski Wegiel Bogdanka, a Polish coal mining company, as ordered its fourth Cat plough longwall system.

Coalfield Resources, the former parent of UK Coal Operations, has bounced back to profit after insolvency last year.

Beacon Hill Resources has been offered a debt facility to fund the expansion of the washplant at its Minas Moatize coal mine.

High-quality GET can increase productivity, reduce fuel consumption and improve safety for mine workers.

The new Cat® Variable Frequency Drive for longwall systems increases face conveyor speed and torque control.