Russian steelmaker Severstal has announced that its wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical ...
Tags: Severstal, agreement, Metallurgy, Mineral
US-based coal producer Cliffs Natural Resources has announced that in the second quarter of the current year its sales revenue decreased by 26 percent to $1.1 billion compared to the corresponding quarter of the previous year. The lower ...
UK-based mining giant Anglo American Corporation has announced its production results for the second quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by two percent year on year to 11.5 ...
Tags: UK, Iron Ore, Metallurgy, Mineral
US-based coal producer Walter Energy has announced that it does not expect CO2 emission limits regulations for existing power plants issued by the US Environmental Protection Agency (EPA) to have any material impact on Walter Energy, since ...
Tags: Walter Energy, CO2 emission
Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources
Glencore Xstrata produced 1.5 million mt of coking coal in the January-March quarter, falling 17% year on year and down 12% from the previous quarter, the company said in its production report published Tuesday. It ascribed the fall in ...
Tags: Metallurgical Coal, Glencore
Brazil's Vale produced 1.785 million mt of coal during the first quarter, up 1.9% on the year to a record Q1 volume due to the ramp up of the Moatize mine in Mozambique, the diversified miner said in a production report published late ...
Tags: Vale, Coal Production, coal
US-based coal producer Walter Energy has announced its financial results for the first quarter this year, reporting a net loss of $92.2 million, compared to a net loss of $49.4 million in the first quarter of 2013. In the given quarter, the ...
Tags: Walter Energy, coal producer
The expected growth in global steel demand through 2050 may require a tripling of current seaborne metallurgical coal exports, which may be tough for miners to deliver, according to forecasts delivered Monday by two consultants. An annual ...
Tags: steel demand, steel production
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output
UK-based mining giant Anglo American Corporation has announced its production results for the first quarter of the current year. In the given quarter, iron ore production from Kumba Iron Ore increased by 10 percent year on year to 11.3 ...
Tags: Iron Ore, mining giant
US miner Arch Coal on Tuesday cut its 2014 met coal sales guidance by 1 million short tons, to 6.3-7.3 million st, as shipments and pricing remain weak for the foreseeable future. Arch, in its quarterly earnings statement, said it expects ...
Tags: Soft Market, Arch Coal, miner
BHP Billiton has lifted its production guidance for Western Australian iron ore to 217 million mt for the 12 months to June 30, up by 5 million mt from its earlier estimate, the Melbourne-based miner said Wednesday. The "relatively ...
Tags: Iron Ore, BHP Billiton
Australian miner BHP Billiton has announced its production results for the third quarter and the first nine months ended March 31, 2014, lifting its iron ore production guidance for the financial year 2013-14 by five million mt to 217 ...
Tags: Iron Ore, BHP Billiton
Johannesburg-listed Keaton Energy produced 2.19 million mt of thermal coal from its Vanggatfontein Colliery in the financial year ended March 31, up 45% on the year, according to its production update released Wednesday. It said all the ...
Tags: Keaton Energy, Thermal Coal, coal sales