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
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
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
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased ...
Tags: Anglo American, mining giant, Metallurgy
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
According to the report released by Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), the Brazilian mining industry (mining and mineral processing) recorded a surplus of $27.4 billion in 2012. ...
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has proposed that the definition of coking coal should be changed to promote and encourage the iron and steel industry to shift their manufacturing base to new and ...
Tags: coking coal, iron industry, steel industry
UK-based mining giant Anglo American Corporation has announced its production results for the fourth quarter ended on December 31, 2012. In the given quarter, the iron ore production from Kumba Iron Ore decreased by 19 percent year on ...
Tags: mine iron ore output, mining giant, Iron Ore
Natural Resource Partners L.P. reported that it has acquired (1) a 48.51% general partner interest in OCI Wyoming L.P. and (2) 20% of the common shares and all of the preferred shares of OCI Wyoming Co. from subsidiaries of Anadarko ...
Australian miner BHP Billiton has announced its production results for the second quarter and the half year ended December 31, 2012. In the second quarter, BHP Billiton produced 42.19 million mt of iron ore, up three percent compared to ...
Tags: BHP, iron ore output, iron ore
Spot coking coal prices in Asia-Pacific were either steady or slightly higher Monday depending on the coal type amid positive trends in steel and iron ore prices. Price moves in metallurgical coal remained limited, however, as there ...
Tags: coking coal, coking coal prices, metallurgical coal, Asia
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is ...
Tags: China, Canada, Metallurgy, Mineral Energy
Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...
Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD
Monthly coal exports from the three coal terminals in Virginia's Hampton Roads port complex declined 3% in November to 3,251,476 st from 3,352,315 st in November 2011, according to data released Wednesday by the Virginia Maritime ...
Tags: coal exports, metallurgical coal, coal
Essar Steel Algoma Inc provide the following corporate update. The Board of Directors has initiated a search for a new Chief Executive Officer. Mr Kalyan Ghosh CCO will continue to serve the Company as Chief Executive Officer on an ...