Australian BHP miners to strike for 7 days
After failing to reach agreements over job security miners in Australia have declared a seven day strike at BHP coking mines.
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After failing to reach agreements over job security miners in Australia have declared a seven day strike at BHP coking mines.
Gerrit Lok, Hatch Africa’s director for coal gives an analysis of global coking coal demand and supply trends.
Beacon Hill Resources Plc., has announced a new find at Minas Moatize.
Patriot Coal Corp. has idled its Big Mountain complex in West Virginia citing weak demand.
Xstrata has announced record production from its Australian thermal coal operations following the successful commissioning of the Mangoola mine. Production in Colombia was also up on the previous year, but down in South Africa where industrial action and restructuring saw production drop by 3%.
Australian miner, Cockatoo Coal, announces JORC reserves at Taroom and Collingwood projects in the Surat basin, and the establishment of the North Surat Joint Venture with Mitsui.
Sandvik celebrate’s its 150th birthday on 31st January.
Kinder Morgan Energy Partners has announced plans to invest approximately US$ 140 million to further expand its coal handling facilities along the Gulf Coast.
Peabody Energy has announced in full year results for 2012, reporting an increase in operating profits to US$ 1.59 billion. Investment in Australia will continue apace; however, the company warns of depressed conditions in the US market due to muted economic growth and increased coal-to-gas switching.
India is set to become the largest importer of coal in the world. But doubts remain over many aspects of current power sector legislation and electricity tariffs. Mike King examines the uncertainty this is creating for the power generating companies and the miners that serve them.
Environmental regulation of the Canadian oilsands projects is similar to other operations of comparable size and scope, IHS CERA report says.
New World Resources, a leading hard coal and coke producer in Central Europe, has announced its production and sales targets for 2012.