Offer to buy out coal miner ARMS
The offer from Argyle Street Management and Asia Coal Energy Ventures Ltd values ARMS at £98.8 million.
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The offer from Argyle Street Management and Asia Coal Energy Ventures Ltd values ARMS at £98.8 million.
Allen Capdeboscq has been appointed Senior Vice President for Corporate Development at Peabody Energy.
Glencore’s coal production increased 4% y/y in 1Q15 on the back of higher South African production.
Coal production dropped in the US for the week ending 25 April 2015, according to the latest report from the US Energy Information Agency and the National Mining Association.
He highlights areas of emphasis at annual shareholders meeting.
Whitehaven Coal’s Narrabri North Mine receives second Cat® EL3000 longwall shearer after hitting a new production record.
Rhino Resource Partners have announced its financial and operating results for 1Q15.
A recent survey of 100 European mine managers shows the majority expect expenditure on mining equipment and services to be steady throughout 2015.
Recent developments in the European mining industry indicate potentially promising outlooks for Eastern Europe as well as Scandinavia.
Atlas Copco grew in 1Q15, despite weak equipment orders. Overall demand for the group is expected to increase somewhat in the near term.
Former CEO of Xstrata, Mick Davis, has said 2015 could be the year that his new company – X2 – starts to get deals done.
Caterpillar (Langfang) Mining Equipment Co. has manufactured its first full AFC system for longwall mining.