
Anglo American takes up to US$4 billion hit on coal assets
Anglo American has written down certain coal and iron ore assets by up to US$4 billion on weak bulk commodities demand.
Stay up to date with the latest news and updates from the coal industry.

Anglo American has written down certain coal and iron ore assets by up to US$4 billion on weak bulk commodities demand.

Rio Tinto releases a firm 2Q15 production results and projects its coal production for the rest of 2015.

The National Grid will pay utilities to keep shuttered plants on standby this winter as the country faces tight capacity margin.

Paringa Resources intends to raise US$5.1 million through a share placement to strengthen its balance sheet in preparation of starting formal debt financing discussions for its Buck Creek No. 1 mine.

Edenville Energy updates the status of its Rukwa coal to power project near Sumbwanga, southwestern Tanzania.

RC Inspection obtains ISO/IEC 17020:2015 accreditation.

CIL is to give up over 75% of its coal license areas in Mozambique as it focuses on boosting its domestic production.

Consol Energy will layoff approximately 470 positions throughout the company in an attempt to remain competitive and operate efficiently during a period of low fuel prices.

Dassault Systèmes appoints Raoul Jacquand as the new CEO of its GEOVIA brand.

A recent Timetric survey indicates mining companies in USA and Canada are increasing investments in vehicle-related technologies in the next two years.

The Ekhgoviin Chuluu Joint Venture between Aspire Mining and the Noble Group has acquired two new license areas in southern Mongolia.

Christian Pfeiffer, Germany, signs contract to deliver and construct two coal mills, both rated for outputs of 35 tph of coal, for Amreyah Cement Co. in Egypt.