The company also said it would reconfigure the mining methods used at Hail Creek, a process that will be phased in over the next 18 months.
Coal Mining News
A new report prepared for the Minerals Council of Australia forecasts that the demand for metallurgical coal to 2030 will grow by over 95Mt.
Peabody Energy intends to permanently seal the area where high methane levels have been concentrated after it reported fire in its North Goonyella mine.
Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal.
Chinese copper demand has been so strong in the past few months that top producer Codelco has almost sold out of supplies for next year, well ahead of schedule.
For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.
The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022.
PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its AGM on Oct. 17
Steel mills have restocking demand after holiday break - analysts.
The IPCC report highlights that coal now has its back very much against the wall, but equally that the real power for change lies in Beijing.
Poland plans to boost output of coal by about 10 percent in the next several years to cut down on imports, which are set to jump to a record this year.
Operators ramp it down and then bring it back up again. That’s not how coal-fired power plants are supposed to be used.
Bids for Optimum are expected to be finalized by the end of November, with due diligence starting on Monday.
Failing to get the project off the ground would deprive Mozambique of a source of revenue it’s come to rely on. Coal is Mozambique’s biggest export.
The agreed price serves as an industry benchmark for supplies of seaborne thermal coal in Asia.
South African miner Exxaro is eyeing South32's local coal assets, which include an export quota, as it looks to increase its exports.
Coal’s push to $100 a ton in Europe may benefit the greenest energy providers more than it does for miners.
New Mining Charter seeks to reduce uncertainty and boost investment in the sector.
This winter, regulators are replacing hard caps on coal use and steel production with less strict targets.
Coal currently feeds about 27% of the world’s energy demand.
Fitch suggests that miners' focus would probably be on cost controls.
Greek utility Public Power Corp. (PPC), which is 51 percent state-owned, is selling three coal-fired plants and one still to be built.
Northern China’s key industrial hub will adopt a more flexible program for its anti-pollution output curbs this winter.
Zdenek Bakala claims the people who marched through the streets of the coastal Hilton Head Island resort chanting “Bakala is a creep! He’ll steal your home while you sleep!” were actually paid by a rival to harass him.
Indonesia has increased its 2018 coal production target to around 507 million tonnes from a previous target of 485 million tonnes which may add to downward pressure on prices for the fuel.