Xstrata suspends mining investments
Xstrata has suspended some of its mining investments in response to the Australian government’s proposed new resource tax.
Xstrata has suspended some of its mining investments in response to the Australian government’s proposed new resource tax.
The transition from a reactive maintenance culture to a proactive one can be beset by pitfalls.
Sable Mining Ltd. have commissioned a bankable feasibility study for the Reitkuil coal project in anticipation of fast-tracking the project.
Rescue efforts are underway to free 32 workers who have been trapped following a coal mine explosion in northern Turkey.
Two methane explosions have occurred at the Raspadskaya coal mine in Siberia, trapping miners underground.
JSW Steel has bought coking mines in West Virginia, USA, to fuel its steel production.
Riversdale Mining has officially opened its Benga coal project in Mozambique, with an estimated potential to produce 20 million ROM tpa of coal for more than 25 years. The company has also signed a contract with MCC to cover open pit mining for the first stage of the project.
In the worst mining disaster in over 25 years, an explosion at an underground coal mine in West Virginia has killed at least 25 miners.
April 2010: Kay Sever outlines how how awareness can be a double-edged sword in improvement.
March 2010: Kay Sever outlines invisible barriers that can sabotage change.
Peabody Energy has reported better than expected results for 2009. EBITDA was US$ 1.29 billion, while revenue totaled US$ 6.01 billion on sales of 243 million t. Asia is driving demand and will continue to do so in 2010. In the US, a recovering economy is expected to increase the raise consumption of coal by 60 – 80 million t.
Fernando Luiz Zancan, Brazilian Coal Association, Brazil, provides an overview of the country's coal industry and examines its future prospects.
February 2010: Kay Sever asks if companies really understand their improvement shortfalls?
India Resources Ltd has signed a Letter of Intent with Bankura DRI Mining Manufacturers Co. Private Ltd for a 30 year contract worth about AU$ 500 million to develop and operate the Biharinath coal mine.
JFE Steel Corp. will acquire a 20% stake in the Byerwen coal project from QCoal Pty Ltd. JFE has also agreed an off-take contract that will supply JFE with 2 million tpa or premium hard coking coal from Byerwen.