Sandvik to sell Mining Systems operations
Swedish engineering company, Sandvik Group, has said it will divest its Mining Systems business.
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Swedish engineering company, Sandvik Group, has said it will divest its Mining Systems business.
Following reviewing its operations, Glencore intends to cut a potential 380 jobs at its Optimum Coal subsidiary in South Africa.
Anthracite sales and ROM production have jumped in 3Q15 as demand for the speciality coal remains strong going into the peak winter demand period.
Russell Taylor explains why the Bengalla sale was a good move for Rio Tinto and New Hope Corp.
Joy Global is to close its heavy fabrication and welding department at its Milwakee facility on low demand for mining equipment.
FreightCar America completes the sale of its railcar repair and maintenance services business to Appalachian Railcar Services, for US$20 million.
South African coal company, IchorCoal, has launched its bid for Australian mining company, Universal Coal.
Shares in Swiss mining and trading giant, Glencore, have recovered from their low in late September but remain well below their peak as low commodity prices continue to hit mining companies.
German independent coal trading and marketing company, HMS Bergbau AG, reports 1H15 results are as expected by the company.
Mike Sherman, RMI, UK, looks at how new sensor technology can be used to improve mine efficiency and safety.
Bumi Resources revises debt restructuring plan to take into account reduced cash flows. Yet the company indicated it can only sustain a total debt of $1.2 billion.
Duke Energy agrees to pay a US$7 million settlement to resolve former, current and future groundwater issues at all 14 North Carolina coal facilities.