Mining

The Mining Commission is reportedly ready to review Kibo Mining Plc’s application for a Special Mining License for its Mbeya Coal to Power Project in Tanzania.

3.3 million t of coal were produced from the Solntsevsky Coal Mine, Russia, owned by the East Mining Company in the first half of this year, 240% higher than the indicators of the same period last year.

Whitehaven Coal shares its coal production results for the June quarter, with a key highlight being record quarterly production at its Maules Creek mine in New South Wales (Australia).

Mark Sprouls, on behalf of Caterpillar, demonstrates how variable frequency drive technology can enhance the performance of longwall plow systems.

Works include mine planning, drill and blast, overburden removal and coal mining at the Northern Hub, which produces hard metallurgical and thermal coal.

Coal mining company Universal Coal has increased expected EBITDA for FY2018 by 27%, up to AUS$70 million.

On Monday this week, the US Department of the Interior’s Office of Surface Mining and Reclamation Enforcement (OSMRE) announced that approval has been given for a mining plan which will extend the life of mine at Sufco mine in Utah.

The contribution from mining royalties to the NSW Budget “highlights the importance of mining and its vital contribution to state and national economies,” says Minister for Resources and Northern Australia.

Mechel and JFE Steel Corporation have agreed to prolong their long-term coal supply contract till 2021.

Hwange Colliery Company Limited is set to begin producing more than 300 000 t of coal per month come the end of June.

The transactions are intended to bolster the company’s balance sheet and extend upcoming debt maturities.

BHP Billiton Mitsubishi Alliance (BMA) has sold its Gregory Crinum coal mine to Sojitz Corp for AUS$100 million.

East Mining Company increases the number of excavator equipment in its opencast mining machinery park.

“We are very pleased to be able to further strengthen this relationship with BaoWu by assuming operatorship of Eagle Downs,” says South32.

OSMRE has proposed extending the San Juan mine mining plan area by approximately 4500 acres.