July 29, 2011

Anglo American CEO interviewed on half-year results

Anglo American, one of the world's largest miners, today reported strong first half growth with operating profit ahead 40% to $6bn. Chief Executive Cynthia Carroll said that investments made during…

July 29, 2011

16 workers die, 10 missing in Ukraine mine blast: officials

Sixteen miners died and another 10 were missing after a nighttime explosion in a coal mine in the Lugansk region in eastern Ukraine, the emergencies ministry said on Friday. As…

July 29, 2011

Xstrata buys First Coal for US$153 million

Xstrata, the world's largest exporter of thermal coal, has agreed to acquire Canadian coal company First Coal for US$153 million, the Swiss miner said on Thursday.

July 29, 2011

Rev up for resources boom in China

Last week I sat down with Laura Mandaro from Marketwatch to discuss what’s currently driving commodity markets. One of the key drivers today is the robust economic activity and commodity…

July 29, 2011

FLSmidth wins order for a coal handling project in India

FLSmidth has been awarded a contract worth approximately EUR 25m (approximately DKK 180m) by Jhabua Power Ltd. for the supply and installation of the first phase of a 1,800 tons…

July 28, 2011

Teck doubles Q2 profits

Diversified miner Teck Resources doubled its quarterly profit on higher copper and coal prices, the company announced on Thursday. Teck said it brought in $756 million in profits in the…

July 28, 2011

MSHA releases latest results of mine inspections

Federal regulators say they issued citations for safety violations at 12 coal mines in June.

July 28, 2011

Australia out of step with climate leaders on CCS

The Australian carbon tax proposal, revealed earlier this month, was meant to make the country one of the world’s climate change leaders. Unfortunately it fails to provide a meaningful strategy…

July 28, 2011

Building the world’s largest coal mine turning into diplomatic disaster

China Briefing News reports state-owned Shenhua, the leader of a joint Chinese, Mongolian, Russian, and US consortium awarded the western block of Mongolia's Tavan Tolgoi coking coal field – the…

July 28, 2011

After optimistic MSHA report, 3 more coal deaths

No sooner had that release come out, than a West Virginia miner was electrocuted last night down in McDowell County. And in fact, at the time that U.S. Mine Safety…