Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter of 2013. In the first quarter, New World Resources registered a net loss of €80 million, compared to a net profit of ...
Tags: New World Resources, Net Loss
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.3 million mt compared to the same period of last year. In ...
Tags: Crude Steel, Mineral
Cleveland, Ohio-based Cliffs Natural Resources reported late Wednesday Q1 2013 net income of $97 million, down significantly from $376 million in Q1 2012. Consolidated sales margin decreased 18 percent in Q1 to $238 million, from $292 ...
Australia-based Wesfarmers Resources has announced that in the quarter ended March 31 its coking coal output from the Curragh coal mine in central Queensland amounted to 1.53 million mt, decreasing by 15.4 percent compared to the previous ...
Tags: Wesfarmers, Coking Coal Output
Russian steelmaker Severstal has announced its operational results for the first quarter of 2013. Accordingly, Severstal's crude steel output increased by seven percent quarter on quarter to 3.835 million mt in the first quarter, while its ...
Tags: Crude Steel, Metallurgy, Mineral, Energy
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
On Wednesday, Brazil's Vale lifted the force majeure on a number of its coal sales contracts in Mozambique. On February 15, 2013, Vale declared force majeure following heavy rainfall since early February in Tete, Mozambique, creating ...
Tags: coal sales, coal, Vale
Europe's largest coking coal producer Poland-based Jastrzebska Spolka Weglowa SA (JSW) has announced its financial results for 2012. In 2012, JSW's net profit decreased by 53 percent year on year to PLN 988.1 million ($309.56 million), ...
Tags: coal producer, JSW, coal
Australian miner Rio Tinto has sent a notification to its mining operations contractor South Africa-based Eqstra Holdings, confirming that it has declared force majeure on coal exports from its Benga mine in Tete province and that all the ...
Tags: mine, mining operations, mining
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the full year 2012. In 2012, New World Resources registered a net loss of €1 million, compared to a net profit of €130 million in ...
Tags: World Resources, miner, Resources
Brazil-based miner Vale has announced that it has declared force majeure on February 15 on a number of contracts for coal sales from Mozambique. According to Vale's statement, high rainfall since early February 2013 and continuing over ...
Tags: miner Vale, coal sales, coal products
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in 2012 increased by seven percent to 6.532 million mt compared to 2011. In 2012, Mechel saw a 12 percent year-on-year increase in its ...
China National Coal Group mined 176 million mt of coal in 2012, up 7.3% year on year, according to data released Tuesday on the China National Coal Association website. The company's coal sales, meanwhile, rose 9.5% year on year to ...
Russian steelmaker Severstal has announced its operational results for the fourth quarter and the full 12 months of 2012. Accordingly, Severstal's crude steel output decreased by five percent quarter on quarter to 3.584 million mt in the ...
Tags: Crude Steel, Output, Severstal