Australian coal industry faces financial squeeze
Ongoing weakness in thermal coal prices is increasing the financial stress on Australia’s coal mining and mining services companies.
Stay up to date with the latest news and updates from the coal industry.
Ongoing weakness in thermal coal prices is increasing the financial stress on Australia’s coal mining and mining services companies.
Plans for the Bluefield Coal Show are well underway with more than 230 exhibitors lined up to showcase their equipment, products and services.
The Sandvik board of directors have fired company President and CEO Olof Faxander, replacing him with current head of Wärtsilä.
MagneGas Corp. is continuing to develop its advanced testing of co-combustion technology to reduce coal emissions. Initial stages are underway and show benefits for reducing emissions.
Much has been written about the agreement between the Mongolian government and Rio Tinto over development of the Oyu Tolgo copper deposit. But much more must be done if investor confidence in the country is to be restored and the country’s mining industry developed.
Montana and Wyoming appear to the most difficult roads to compliance with the final Clean Power Plan.
A forecast from BMI Research on Botswana’s mining sector through to 2019 indicates diamond production and a growth in coal will support the sector but a lack of diversity may leave the country vulnerable to growing competitors.
Following the Senate and Environment and Public Works Committee mark-up of the Affordable and Reliable Energy Now Act, the National Mining Association applauds the Senate and EPW for supporting the Arena Act.
BMI Research has forecast Polish coal mining to grow in the coming years, yet only a limited amount. But this will keep Poland a significant player in the European coal market.
According to the latest report from the US Energy Information Agency, coal production in the US drops slightly for the week ending 1 August in comparison with the previous week.
Deswik launches a new sectional design and analysis tool: Deswik.DD for design, optimisation and communication for dragline or dozer push operations and has 3d-DigPlus.
A round-up of some of this week’s key news items from the international coal industry, from outlooks on the Clean Power Plan to the latest project developments.