Australian coking coal producer Beacon Hill Resources has announced that it has commissioned the Minas Moatize wash plant, with the first coal production expected in May. According to Beacon Hill Resources, the plant, which was fabricated ...
Tags: Beacon Hill, First Coal Production, Mineral
Walter J. Scheller III, Chief Executive Officer of coal producer Walter Energy, Inc., provided an update on the company's decision to curtail production at its Willow Creek mine. The Willow Creek surface mine is located near the town of ...
Russia's En+ Group, China Development Bank and Shenhua Group have signed a strategic cooperation agreement worth up to $2 billion to jointly develop coal resources in Eastern Siberia, the Russian energy company said Friday. Under the ...
South Africa-based coal producer Coal of Africa (CoAL) has announced its financial results for the second first half of 2012, reporting a net loss of $111.7 million compared to a net of $74.7 million in the corresponding period of the ...
Tags: Coal, Metallurgy, Mineral
Chinese buyers were bargain-hunting in the seaborne market against a backdrop of generally bearish demand and were heard Friday to have snapped up two Capesize spot cargoes of 5,500 kcal/kg NAR coal for $83.50-84.75/mt CFR south China, with ...
Tags: Chemicals, CFR Cargoes Trade, Chinese Market
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
Eastern US coal producer Consol Energy has halted production at its Blacksville No. 2 underground mine on the border between Pennsylvania and West Virginia border until it determines the source of smoke detected near a shaft on the ...
Tags: coal producer, coal, mine
Australian rail and logistics company Aurizon has announced that it has signed a new long-term coal haulage contract with Australian coal producer Xstrata, as Xstrata continues to increase production at its Rolleston mine in central ...
Tags: coal haulage contract, Aurizon, Xstrata, coal
Russia's second largest coking coal producer Raspadskaya has announced the signing of a long-term contract with South Korea’s Hyundai Steel Company to supply coal products with volumes gradually increasing up to 300,000 mt per year ...
Australian coal producer Xstrata has issued its financial results for 2012, which has been a transformational year for the company with 10 major projects commissioned. In 2012, Xstrata registered a net profit of $1.18 billion, decreasing ...
Tags: Xstrata, coal producer, coal
International commodities trader Glencore International plc (Glencore) has announced that it will not be able to complete the $31 billion takeover transaction for the Anglo-Swiss miner and coking coal producer Xstrata plc (Xstrata) by March ...
Tags: miner, coking coal, mining giant
US-based metallurgical coal producer Walter Energy has announced its financial results for the fourth quarter and the full year 2012, reporting solid operational progress during 2012 in the face of challenging market conditions. In the ...
Tags: Energy, coal producer, met coal
The European-delivered thermal coal market traded at its highest level in over two months Wednesday afternoon as sources said that the market is finally reacting to tightening supplies following the ongoing disruption in Colombian exports. ...
Tags: coal market, Metallurgy, Drummond coal
Australian coal producer Xstrata has announced its production results for 2012. Accordingly, Xstrata's total consolidated coal production in 2012 rose by seven percent year on year to a record 90.4 million mt. In 2012, Xstrata's total ...
Tags: Xstrata, Coal Output, Mineral
South Africa-based coal company Coal of Africa Limited (CoAL) has announced that it has received $80 million in payment from China-based coal producer Haohua Energy International (HEI), a wholly-owned subsidiary of Beijing Haohua Energy ...
Tags: Coal, coal producer, Coal Industry