Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.
Coal Mining News
Just as quarterly benchmark negotiations between miners and Japanese steel mills kick off, the coking coal price comes off the boil.
While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.
Many people seem to think Trump is going to "fix" the US by invoking the isolationist, nationalist, and oft failed economic policy of protectionism.
At 92 million tonnes November iron ore imports were the third highest on record, while China's coal imports doubled during the month from a year ago.
"Iron ore is weird because the inventories are very high in China and it's got to be pure spec flows."
With fluctuating commodity prices, the top priorities for Canadian miners next year will be capital allocation, strategic deal making and employing new technology and innovations, a report shows.
Interactive: Donald Trump's victory has created winners and (huge) losers for the mining industry.
On Tuesday, December 6, 2016, the nation will pay tribute to the American miner, both past and present, on National Miners Day.
But asset sales will slow says new report.
Met coal's stunning run is reversing as consensus forecasts point to $125 drop by year-end, but new UN sanctions could cost China its number two supplier.
After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.
Over 60 kilometers, they line up: truck after truck, after truck. Nearly every one of them is laden with coal.
Indian conglomerate's $16 billion Carmichael coal mine in Queensland clears "final major State and Federal Government approval".
Thirty-two miners were killed in a gas explosion that ripped through a coal mine in Chifeng, Inner Mongolia on Saturday.
Norm aims at ensuring that hard-rock mining companies can pay the costs of cleaning up their mines, says EPA.
Coking coal prices retreated on Friday, but only slightly, holding above $300 a tonne after two months of insane gains.
Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.
At over $43 billion, 2016 is set to be a record year for raising capital to invest in North America's energy sector, but not a single fund is targeting coal.
Scandinavian Biopower to invest in a biocoal plant in Mikkeli Finland – construction works to start late 2017
Scandinavian Biopower Oy, a 100% subsidiary of Dutch private equity investment company Momentum Capital, has made an investment decision to commission a biocoal plant in Mikkeli, Finland.
In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.
World number two miner acquired Southern African coal assets for $3.7 billion in 2011 – sold it for $50 million three years later.
New report predicts US infrastructure spending promised by president-elect could propel global growth to highest since 2011 further boosting metals demand.
Regulators argue the undisclosed liabilities increase the probability that the state will be left with claims under the surface-mining and other environmental laws.
Global miners have been cutting spending on new projects and expansions since 2012.