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
Peruvian poly-metallic miner Milpo increased production of zinc, lead, copper and silver in the first quarter after bringing online expansions at two of its mines in Peru, the miner said Monday. A unit of Brazil's Votorantim Metais, Milpo ...
Tags: Zinc Output, Silver Output
Q4 2014 Central Appalachian rail (CSX) and Powder River Basin 8,800-Btu/lb coal time spreads saw action Thursday in the US over-the-counter market, pushing prices higher. In the PRB 8,800 market, the Q4 2014 physical price closed 30 ...
Tags: Coal Prices, physical price
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
Indian miner Sesa Sterlite has announced its financial results for the full financial year 2013-14 ended March 31, reporting a net profit of INR 123.5 billion ($2.05 billion), down 15.5 percent compared to the previous financial year. In ...
Tags: miner, Sesa Sterlite
Australia-based miner Rio Tinto has announced that it has filed a complaint in the US District Court for the Southern District of New York against Brazil-based miner Vale and BSG Resources Limited regarding mining concessions in Guinea. ...
Tags: Rio Tinto, mining license
Atlantic Coal's first-quarter 2014 clean coal production totaled 37,757/st in the first quarter, down 29.2% from 53,324/st the same quarter a year ago on operational problems caused by a frigid US winter, the company said Tuesday in a ...
Tags: Clean Coal, mine
Coal stocks at ports in the Amsterdam-Rotterdam-Antwerp region have firmed to their highest levels this year at around 6 million mt, according to data collected from port sources Monday. Sources said coal stocks at EMO Dry Bulk Terminal ...
Tags: Coal Stocks, Drummond's exports
Brazilian miner Vale has announced that the Republic of Guinea has revoked the mining licenses for the Simandou and Zogota iron ore projects due to a technical committee report indicating that the mining licenses were obtained by Vale's ...
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
Australian iron ore miner Atlas Iron has announced that it shipped a record 2.73 million wet metric tons of iron ore in the quarter ended on March 31, increasing by 1.1 percent compared to the previous quarter, despite inclement weather ...
Tags: Atlas Iron, iron ore, miner
Australian miner BHP Billiton today celebrated the official opening of its new Jimblebar iron ore mine, which is located at 40 kilometres east of Newman in the Pilbara region of Western Australia. Jimblebar delivered first production in ...
Tags: BH Billiton, Iron Ore
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
Ukraine-focused iron ore miner Ferrexpo said Thursday it saw a 10.8% gain in pellet sales to 2.84 million mt over the first quarter compared with a year ago due to strong demand indicated by higher premiums charged to customers. The ...
Tags: Iron Ore, Ferrexpo, key markets
Iron ore Capesize freight rates continued to edge down this week, with expectations that rates could see further contraction in the next week, market sources said Thursday. The West Australia to Qingdao iron ore Capesize market was active ...
Tags: Iron Ore, freight rates, miner