September 2, 2016

Caterpillar to close Belgium plant, lay off 2000 workers

The possible plant closure, which could cost around 2,000 jobs, is part of a global restructuring plan announced in September that could see CAT cutting as many as 10,000 jobs…

September 2, 2016

How Latinos are saving this former mining town in the US

These days, Latinos are the driving economic force in the small city of Hazleton, Pennsylvania.

September 1, 2016

Anglo’s top shareholder to call vote on assets sale plan

South Africa's Public Investment Corporation (PIC), which owns 14.5% of Anglo, believes the mining giant may not realize the full value of its assets.

September 1, 2016

Joy Global misses expectations on weak mining equipment sales

The heavy machinery maker expects market conditions to remain weak through 2017.

August 31, 2016

Coking coal prices are on fire — up more than 80% in six months

This kind of coal, used in steel-making, jumped 41% in August alone to nearly $140 a tonne.

August 31, 2016

Colombia’s largest coal mine resumes exports

Cerrejon has restarted loading and exporting from its Bolivar port after a suspension last week due to suspected contamination.

August 30, 2016

Canada’s mining industry faces workers shortage of up to 127,000 — report

Experts warn Canada's mining industry faces a looming risk it's not ready to deal with — lack of access to workers with the skills needed in an upswing.

August 29, 2016

Australian fund takes over Anglo American’s Foxleigh coal mine

The sale is part of Anglo’s plan to exit coal as well as the miner's divestment scheme aimed to raise between $3bn and $4bn by year-end.

August 28, 2016

B.C. coal mine poised for restart

Interest is spurred by the rebound in coal price, and by knowledge that steel mills in Asia are looking to diversify their coal import portfolios.

August 26, 2016

Whether Clinton or Trump wins the election, US coal’s future is dark

Whether Clinton or Trump wins the US election, the coal sector will continue its decline, but steel may improve with a Democrat win.