November 11, 2014

Weak oil price, currencies helping miners stay afloat

A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.

November 10, 2014

Yanzhou Coal injects $2.8bn into troubled Australian unit

In an attempt to keep Yancoal afloat as coal prices trade near multi-year lows.

November 9, 2014

BHP closer to unveiling details of upcoming spin-off

The world’s largest miner is only two weeks away from shedding more light on an upcoming spin-off of unwanted assets.

November 8, 2014

Top-producing Northern Appalachia coal mines in Q3’14

Twelve mines in Northern Appalachia cranked out more than 1 million tons of coal each in the third quarter, helping boost production from the region.

November 7, 2014

SEC probes Joy Global over acquisition of Chinese firm

The SEC is looking into Joy's acquisition of International Mining Machinery Holdings Ltd of China for about $1 billion and related accounting matters.

November 7, 2014

Mongolia-based miners in limbo after premier ousted

What happens next is critical say mining companies currently operating in the country.

November 6, 2014

New Zealand’s Pike River coal mine to remain closed

It will be turned into a memorial to the 29 men who died there in 2010.

November 5, 2014

Top-producing Powder River Basin coal mines in Q3’14

Production from the largest active Powder River Basin coal mines totaled 106.88 million tons in the third quarte.

November 4, 2014

More job cuts at BHP’s Mt Arthur coal mine

The firm is laying-off 150 workers by the end of February 2015.

November 4, 2014

Coal carrying ‘death ship’ under scrutiny

Three workers died on board in 2012 and fresh inspections have revealed severe safety breaches.