Caterpillar cuts earnings outlook again
Caterpillar has announced a third cut to its earnings outlook for this year in its Q3 results as the slump in mining industry orders continues to weigh on the company’s performance.
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Caterpillar has announced a third cut to its earnings outlook for this year in its Q3 results as the slump in mining industry orders continues to weigh on the company’s performance.
US coal miner, Cloud Peak Energy, has announced a fall in EBITDA in Q3 compared to the previous year, but sees positive signs in US coal demand.
Michael Beyer discusses coal mining developments in the Illinois Coal Basin at Coaltrans world coal conference, Berlin.
Coal of Africa has secured a US$ 21.4 million fund from Investec Bank to help the company in a new strategy to focus on coking coal assets.
CCX Colombia has signed a MoU with Turkish company Yildirim Holding, to sell its coal mines and transportation infrastructure for US$ 450 million.
The EPA has been issued a formal order, granting the agency 60 days to set a deadline for issuing revised coal ash regulations.
The US has announced strict plans to limit financing for coal-fired power plants abroad, as part of a wider strategy to combat climate change.
The EPA is conducting sessions across the US to gather information about the most effective way to reduce carbon emissions from coal plants.
An additional refined coal facility for NOx and mercury abatement has been leased to an existing investor.
Arch Coal has reported a net loss of US$ 128.4 million in the third quarter of 2013.
Six people have been killed and four injured after a suspected methane gas leak at a Spanish coal mine.
World Coal reports from the 33rd Coaltrans Conference, Berlin, on the outlook for global steel markets.