Mining

GCM Resources has reported its preliminary results for the year ended 30 June 2016 and indicated it remains positive on the potential of the Phulbari coal and power project.

TerraCom restarts mining operations at its Baruun Noyon Uul metallurgical coal mine in Mongolia.

A scandal over payments related to the Simandou iron ore project claims the scalps of two Rio Tinto executives, including the head of its coal business.

The mining union has urged US lawmakers to act to ensure health care and pension benefits for coal retirees in the last session of the current congress.

Maptek makes two new senior appointments with the aim of streamlining its delivery of a technology roadmap to customers.

Caterpillar is to supply longwall roof supports to CNX Coal Resources’ Enlow Fork mine in Pennsylvania, US.

ArcelorMittal has announced results for the three and nine month periods ended 30 September 2016.

Wescoal has detailed the production at Elandspruit Colliery, stating a 167% increase in ROM production volume to 1.6 million t.

Peabody Energy enters into an agreement with South32 to sell Metropolitan coal mine for US$200 million and interest in the Port Kembla coal terminal.

Schneider Electric acquires MaxEAM to strengthen enterprise asset performance management portfolio and enhances user experience for work scheduling, task execution and data conversion.

Indonesian coal miner, Adaro Energy, has reported a 23% increase in core earnings for the first nine months of 2016.

Geo Energy has announced a sale and purchase of coal agreement and coal mining management service agreement with AJE, covering about 5 million t in 2017.

Westmoreland Coal, a US coal company with assets in the US and Canada, has reported record quarterly earnings in 3Q16.

CNX Coal Resources maintained year-on-year coal production levels, despite encountering difficult geology at Enlow Fork, while seeing its average realised sale price jump 9%.

Universal Coal has reported record production in 3Q16 as its NCC operation commenced mining.