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Mining

Bumi coal production rises 10%

Indonesian coal producer Bumi has released its third quarter results, highlighting a 10% increase in coal production levels to 6 million t.

 
 
 

BHP Billiton to sell New Mexico mine

The world’s largest mining company, BHP Billiton, has agreed to sell a New Mexico mine to the Native American Navajo Nation for US$ 85 million.

 
 
 

Global mining partnership established

Four of the world’s most influential mining organisations have entered into a MoU to establish a global mineral professionals alliance.

 
 

Caterpillar cuts earnings outlook again

Caterpillar has announced a third cut to its earnings outlook for this year in its Q3 results as the slump in mining industry orders continues to weigh on the company’s performance.

 

Cloud Peak Energy announce Q3 2013 results

US coal miner, Cloud Peak Energy, has announced a fall in EBITDA in Q3 compared to the previous year, but sees positive signs in US coal demand.

 

The gift of foresight

Michael Beyer discusses coal mining developments in the Illinois Coal Basin at Coaltrans world coal conference, Berlin.

 

Brazil’s CCX to sell Colombia mines

CCX Colombia has signed a MoU with Turkish company Yildirim Holding, to sell its coal mines and transportation infrastructure for US$ 450 million.

 

Coal mining integral to Colorado

The EPA is conducting sessions across the US to gather information about the most effective way to reduce carbon emissions from coal plants.

 

Net loss for Arch Coal in Q3

Arch Coal has reported a net loss of US$ 128.4 million in the third quarter of 2013.