Indonesia's PT Bumi Resources said on Wednesday China's sovereign wealth fund, China Investment Corp (CIC), has agreed to convert part of an outstanding $1.3 billion loan into stakes in the miner's PT Bumi Resources Minerals unit, its coal ...
Tags: Mining Units, PT Bumi Resources
Australian coking coal producer Beacon Hill Resources has announced its interim results for the first half ended on June 30 of the current year. Accordingly, Beacon Hill has posted a net loss of $7.6 million for the first half, compared ...
Tags: Metallurgy, Mineral, Energy
US-based coal producer Alpha Natural Resources has announced that its subsidiary Cumberland Coal Resources has resumed operations at its Cumberland underground longwall mine in Greene County, Pennsylvania and lifted the force majeure ...
Tags: Cumberland Mine, Mineral
Europe's largest coking coal producer Poland-based Jastrzebska Spolka Weglowa SA (JSW) has announced its financial results for the second quarter of 2013. In the second quarter, JSW reported a net profit of PLN27.5 million ($8.7 million), ...
Tags: coking coal, JSW
US-based coal producer Walter Energy has announced its financial results for the second quarter and the first half of the current year. In the second quarter, Walter Energy posted a net loss of $34.5 million, compared to a net profit of $ ...
Tags: Walter Energy, coal producer
Russian pig iron and coking coal producer KOKS Group has announced it operational results for the first half of 2013. During the first half, KOKS produced 1.02 million mt of pig iron, down four percent compared to the corresponding period ...
Tags: KOKS Group, Pig Iron Output
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals
China's proposed ban on imports of low calorific value thermal coal will have a serious impact on Indonesian sub-bituminous coal prices, industry sources said Thursday. Platts, quoting well-informed sources, reported this week that ...
Tags: Low CV Coal, Indonesian Prices
Russian steelmaker Evraz has announced that it plans to resume work at the main mine of its coking coal producer Raspadskaya by June 15. As of Tuesday, May 14, Raspadskaya had suspended work at the mine due to high gas levels. Evraz ...
Tags: Metallurgy, Mineral&Energy, Coal Mine, Raspadskaya Coal Mine
A majority of the 13 Hunter Valley coal producers using Port Waratah Coal Services' export facilities at Newcastle in eastern Australia have volunteered to cut their contracted capacity for coal shipments for the rest of this year, PWCS ...
Tags: Coal Producers, PWCS Terminals
Russian pig iron and coking coal producer Koks Group has announced it operational results for the first quarter of 2013. During the first quarter, Koks produced 537,000 mt of pig iron, up one percent compared to the corresponding quarter ...
Tags: pig iron, coking coal
South African-based coal producer Universal Coal has announced that it has increased its ownership in the 1.35 billion mt Berenice coking coal project in the Limpopo region of South Africa to 50 percent. Reaching 50 percent ownership will ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
Russia's second largest coking coal producer Raspadskaya has stated that in the first quarter of the current year its sales of coal concentrate increased by 49 percent year on year to 1.4 million mt, while its sales of run-of-mine coal ...
Birmingham, Alabama-based coal producer Walter Energy, Inc. said Thursday that performance in Q1 2013 improved over Q4 2012, driven largely by increased metallurgical coal sales volume and pricing, increased production and lower costs. ...
Tags: Walter Energy, Coal Production
Industrial pump purchases in China will rise from $7.4 billion this year to over $8 billion in 2014 for an increase of eight percent. This is the latest forecast in Pumps World Markets published by the McIlvaine Company. Municipal water ...
Tags: Pump, Processing Machinery