Mining

Thousands of coal miners have walked out of metallurgical mines in Queensland in an ongoing dispute over working conditions with coal mining giant BHP-Mitsubishi Alliance (BMA).

UK Coal has announced that it is considering closing the UK’s biggest deep coal mine, putting 800 jobs at risk.

Xstrata Coal has agreed to acquire the Sukunka hard metallurgical coal deposit from Talisman Energy Inc. for US$ 500 million in cash, subject to customary conditions.

The Australian Takeovers Panel has published a Declaration and Orders that allows FLSmidth to proceed with its offer of AU$ 11/share for Australian company Ludowici Ltd.

Arch Coal Inc. has announced that its chairman and CEO, Steven F. Leer, will retire as CEO effective 26 April 2012, the date of the company's annual shareholders meeting.

Ludowici, an Australian mining equipment supplier, finds itself in the centre of a bidding war between FLSmidth and the Weir Group.

Martin Engineering holds a symposium in Turkey to address safety issues

Italian manufacturer of rollers for belt conveyors, Rulli Rulmeca, celebrates its 50th birthday this year.

Xstrata is offering to sell 20% of the proposed AU$ 6 billion Wandoan coal mining project in Queensland.

Cockatoo Coal’s Collingwood and Taroom projects have received “significant project” status from the Government of Queensland.

After failing to reach agreements over job security miners in Australia have declared a seven day strike at BHP coking mines.

Beacon Hill Resources Plc., has announced a new find at Minas Moatize.

Patriot Coal Corp. has idled its Big Mountain complex in West Virginia citing weak demand.

Xstrata has announced record production from its Australian thermal coal operations following the successful commissioning of the Mangoola mine. Production in Colombia was also up on the previous year, but down in South Africa where industrial action and restructuring saw production drop by 3%.

Australian miner, Cockatoo Coal, announces JORC reserves at Taroom and Collingwood projects in the Surat basin, and the establishment of the North Surat Joint Venture with Mitsui.