Coal Mining News

NZ gov't plans to re-enter doomed Pike River mine to recover remains

It is now our intention to get this job done, and find out why 29 men went to work on 19 November 2010, and never came home.

Colonial Coal floats PEA for Gordon Creek mine

The project has a pre-production capex of $300 million with additional sustaining capital of $406.0 million.

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on  growing  its  offering,  particularly  in  the  underground  segment,  as  well  as  filling  up  some  gaps  in  terms  of  trucks  sizes.

Australia state to roll out new mine rehabilitation rules

Queensland state is set to unveil proposed resource regulations that will require miners to pay into an "insurance fund" for the remediation of old mines.

Poland's JSW eyes controlling stake in Prairie Mining -CEO

We are now working on internal approvals for the final stage of talks - Daniel Ozon, CEO Prairie Mining

Indonesia hauling ban could paralyse South Sumatra coal mining – Assoc

Indonesia's South Sumatra province plans to ban coal transporters from using public roads from Nov. 8

Canadian miners’ performance in Q3 hit by lower metal prices

EY’s Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 12 percent in the third quarter of the year when compared to the previous three-month period.

China's industrial heartland Shandong to overhaul energy intensive industries

As part of a new plan to overhaul energy intensive industries, Shandong province is planning to consolidate dozens of small refineries and build mega-petrochemical complexes.

Google honours Canadian geologist

Joseph Burr Tyrrell not only discovered the Albertosaurus sarcophagus, he also had a prolific career in mining.

Nova Scotia miners to give C$8,000 to those who can prove industry ‘rocks’

The judging panel includes former Minister of Natural Resources and current Transportation Minister Lloyd Hines, Chief Terry Paul of Membertou First Nation and MINING.com’s own Cecilia Jamasmie. 

You'll need 286 pounds of coal to fuel that electric road trip

As electric vehicles slowly become a bigger part of the global fleet, questions about mileage and fuel efficiency are going to become more apposite.

BHP to return $10.4 billion in buyback, special dividend bonanza

BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July.

Mongolia looks to list Tavan Tolgoi in NY, Hong Kong in 2019

The government is keen to develop the mine which holds an estimated 7.4 billion tonnes in reserves.

BHP announces $5.2B share buyback, keeps promise to return US Onshore asset sale proceeds

The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders.

Japan's Mitsui may sell stake in Australia thermal coal mine

Mitsui has said it will trim its thermal coal assets in the long term but would continue to invest in coking coal - a key raw material for steel-making.

Like Silicon Valley? Miners face uphill slog in drive to go digital

The mining industry needs to change the barbecue conversation - Jean-Sebastien Jacques Rio Tinto CEO

Glencore is going to get crazy rich on coal next year

Glencore expected to achieve annual cash savings of more than $300 million in its coal business by the end of 2018, but now it expects savings of more than $450 million by year-end.

India court asks regulator to decide on Tata, Adani power relief

The plants haven’t been running at full capacity after the court ruled last year that a change in regulations overseas couldn’t be a ground for increasing power prices.

Yanzhou Coal's Australia bet wins over Goldman on price gain

Yanzhou Coal Mining Co.’s high-profile acquisition of assets in Australia last year is set to pay dividends

Spain to close most coal mines by end of 2018

Government and unions reached a deal that will see €250 million invested in mining regions over the next ten years,

Teck Resources adjusted earnings fall on low commodity prices

Diversified Canadian miner Teck Resources Ltd reported a near 23 percent drop in third-quarter adjusted earnings on Thursday.

Caterpillar plummets after flagging tariffs-triggered high material costs

The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts’ estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period.

Brazilian pension fund Previ won't sell Vale shares before year end- CEO

Previ intends to reduce its stake in the miner over the medium-term.

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

Coronado to list in Australia after country's biggest coal IPO

Coronado Global Resources Inc. raised $550 million in Australia’s biggest coal initial public offering after selling securities at the bottom end of the marketed range.