Mining

The Labour Party is calling for the world’s largest sovereign wealth fund to withdraw from investing in coal producers and financing coal-fired operations.

Prophecy Coal announces it has resumed operations at Ulaan Ovoo coal mine in Mongolia.

Anglo American will reduce workforce at Dawson mine, Australia, to increase profitability.

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

Paringa Resources announces 154 million short t maiden coal resource estimate at Buck Creek coal project.

Strong Q3 coal production reported by Atlantic Coal

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.

In an attempt to bring forward the next era of mining technology, Rio Tinto and Chinalco are to explore an alliance aimed at delivering significant value and reshaping industry best practice.

Australian mining company has released a report detailing updates at Bowen Basin coal projects.

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

In the second part of this article, AMC Consultants offer insights into how mining companies can balance risk and scale in project development.

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.

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.

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

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