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Mining

 

South Africa establishes state mining company

A state mining company will be established in South Africa by the end of this month, although much of its work will be contracted out to private companies.

 

Peabody Energy Australia extends Burton coal mine production to 2016

Peabody Energy Australia has awarded Thiess Pty Ltd a contract to extend mining operations at its Burton coal mine in the Bowen basin, Queensland, Australia. The mine extension will maintain the current production level of 2.5 million tpa of high quality coking coal.

 
 
 
 

Caterpillar acquires Bucyrus International

Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.

 
 
 

Coal mine to reopen after 25 years

Demand for met coal has prompted United Coal to reopen the Affinity mine in West Virginia, which has been closed since 1985.

 

Origin Energy halt CSG drilling in Queensland

After detecting traces of BTEX around eight coal seam gas wells in southern Queensland, Australia, Origin Energy has suspended drilling operations until it can find the source of the contamination.

 
 
 

China introduces mine safety rule

Under new regulations, China’s mine managers are now required to accompany their workers underground. Failure to do so will result in hefty fines.