
Sandvik Mining reports positive 4Q15 results
Sandvik Mining has bucked the gloomy trend in mining, announcing an operating profit of SEK749 million and 3% growth in invoiced sales in 4Q15.
Stay up to date with the latest news and updates from the coal industry.

Sandvik Mining has bucked the gloomy trend in mining, announcing an operating profit of SEK749 million and 3% growth in invoiced sales in 4Q15.

FirstEnergy reported its generation fleet has provided over 88.9 million MWh of electricity from its coal, natural gas, nuclear, oil, wind and hydro facilities in 2015.

The Global CCS Institute has introduced a CCS Fellowship Programme and selected its first Fellowship appointee.

Toll Energy has extended its contract with coalbed methane company Arrow Energy to now include crane lift operations.

The US Chamber of Commerce has written to US Senators supporting a bill that would speed up licensing for natural gas exports, while US Chamber President criticises the administration’s approach to coal.

Coal of Africa has released the admission document, including updated resource and reserve statements, and notice of general meeting required under AIM rules for the acquisitions of Universal Coal.

Mining costs estimated for the Ovoot metallurgical coal project in Mongolia have fallen 22% following a review of a 2012 pre-feasibility study.

Pit reconfiguration work at Universal Coal’s Kangala coal mine resulted in a fall in ROM coal production in 4Q15.

Westmoreland Coal completes acquisition and financing of the San Juan mine in New Mexico.

Botswana-focused unconventional gas exploration company, Karoo Energy, has announced a loss of just over £81 000 for the six months to October 2015.

Minemax has released the latest version of its iGantt 5.1.0, an easy-to-use opencast and underground production scheduling tool.

Walter Energy is to sell its remaining US coal assets to Seminole Coal Resources.