Christiana Figueres called the coal industry to diversify toward cleaner energy sources.
POLAND Mining News
As of Monday, Poland will be host to two climate change summits: One organized by the United Nations and the other by the World Coal Association.
With the exception of Ghana and Cape Verde, which were ranked as “medium risk” in the index published Wednesday, all others were classified as “high risk."
'A decade of rising commodity prices is always followed by two decades of declines.' Now you tell us!
Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.
The state-controlled copper miner has purchased another 29% of Ajax Mining, its JV company with Abacus Mining for $29.9 million, raising its bet on Canada as its second base.
On February 16, 2012, the Polish coal mining company Lubelski Węgiel Bogdanka S.A. smashed the world record for daily production from a plow-equipped longwall, with an output of 24,400 tonnes of coal from a single face.
Poland's finance ministry says it does not plan to alter its proposed mining tax aimed mainly at state-controlled copper miner KGHM, whose shares are at their lowest since August 2010.
In the never-ending quest to find really cool places to roller blade, film makers must have scored a coup when they were given permission to "bomb" down a defunct Polish salt mine. The high speed stunt went viral on YouTube with over 300,000 views since it was uploaded this summer.
Poland's top coking coal miner JSW will consider releasing a large part of reserves created in relation to a dispute over local taxes, if the Gliwice court proceedings slated for October confirm a positive Constitutional Tribunal ruling, CEO Jaroslaw Zagorowski told a press conference.
Polish stocks are on a tear this week after a top court made a mining-friendly tax ruling. Bloomberg reports that Polish stocks climbed for a second day, with the benchmark index heading for the biggest advance in a week, as coal and copper producers jumped after the Constitutional Tribunal ruling on mining taxes: "The court ruled that mining excavations should not be considered as construction works and should be free of real-estate taxes."
Europe's No.2 copper producer KGHM (KGHM.WA) nearly tripled its net profit in the first quarter, beating expectations thanks to a rally in metal prices. Poland's state-controlled miner said on Friday its bottom line reached 1.96 billion zlotys ($710 million), compared to 1.84 billion seen in a Reuters poll.
KGHM (KGHM.WA: Quote), Europe's second biggest copper producer, has launched the sale of its telecoms arm Dialog as part of its plans to shed some non-core assets, sources close to the deal told Reuters late on Monday. "Teasers have been sent," one of the sources said, referring to a document presenting the company to potential buyers.
One of the Polish miners institutional investors called on the copper producer to hand back its entire 2010 profit of $1.6bn as a dividend
The Polish miners beat market expectations announcing a strong fourth quarter on the back of surging metal prices and said it expects to see 2011 net profit jump to a record 8.35bn zlotys Poland's KGHM (KGHM.WA: Quote) almost doubled its fourth-quarter
The Innovation News article in the December issue looks at the lead Bucyrus (now Caterpillar) has in coal plows. One of the most recent installations was an automated plow longwall ordered by Lubelski Węgiel Bogdanka for […]
Wakoz Beton are the owners of the first M2500 mobile washing plant to be installed in Poland. Read more
Metso will convert a pulverized coal boiler to a biomass-fired boiler for Dalkia Łódź S. A. in Poland, raising renewable energy production for Dalkia's plant in Łódź. The total value of the order is over […]
Norphonic will showcase the very latest robust sub-surface mining communication telephone technology at the Mining World Exhibition in Moscow, Russia on the 14-16th April. Mining World is the largest mining exhibition in Russia. This year, […]
Crushing & Conveying Bucyrus has won a contract to deliver a complete, automated plow longwall to Polish mine operator Lubelski Wegiel Bogdanka SA for its Bogdanka coal mine in Puchaczów. Bogdanka is one of […]
The RHEWUM UG 2100×5000/2 carried out as massive construction is part of the new milling and washing plant in Miedzianka, Poland. The new lime processing plant of Nordkalk Nordkalk with a capacity of approx. 2,5 […]