
Petmin anthracite production down in FY2016
South African mining company, Petmin, recorded a slight fall in anthracite production in the financial year to June 2016 but expects a more positive FY2017.
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South African mining company, Petmin, recorded a slight fall in anthracite production in the financial year to June 2016 but expects a more positive FY2017.

Westmoreland Coal intends to shift to reclamation at the Jewett mine following NRG Texas Power cancelling its supply contract at the end of 2016.

The Indian government has asked Coal India to reign in its coal production expansion as supply outstrips demand.

Raffaele Miscoria has been appointed head of coal at SIMEC Group, as the company seeks to expand its presence in the coal sector.

Coal India’s monthly coal production was 21% below its target as the state-owned mining company is asked to tailor production to weaker-than-expected demand.

Russian coal company, Raspadskaya, has announced a profit of US$49 million compared to a US$8 million loss in 1H15.

Recent rises in metallurgical coal prices will boost Stanmore’s coal sales revenues, as the mining company moves to steady-state production at Isaac Plains.

Rio Tinto completes sale of its stake in the Zululand anthracite mine in South Africa to Menar Holding.

Wollongong Coal has confirmed that is it under investigation by the New South Wales mining regulator following allegations that it is not a “fit and proper person” to hold a mining license.

A report from CoBank finds that the US coal industry will decrease further in the next few years with more than 20% of the nation’s current coal production potentially being shuttered.

Rising hard coking coal prices and cost optimisation at the company’s coal mines helped bring Mechel back to profitability in 1H16.

The US Department of Energy (DOE) has announced approximately US$6.7 million in federal funding for products produced from carbon dioxide.