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NEWS Click on text to read news by category: General | Product | People | Worldwide

MCH Acquires Coal of Africa’s Mooiplaats Thermal Coal Mine

October 3, 2017

Coal of Africa Limited (CoAL) and its subsidiaries announced on Monday that it will sell all their shares in Mooiplaats thermal coal colliery to a consortium of investors. In a notice to shareholders, CoAL said the company, along with subsidiary

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Australia’s European Metals Holdings Signs Deal to Mine Lithium in Czech Republic

October 3, 2017

Australia’s European Metals Holdings says it has signed a memorandum of understanding with the Czech Republic giving it the right to mine lithium, a key component in electric batteries. Europe’s biggest deposit of lithium has recently been found in the

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Trump’s Energy Dominance Strategy Gains Traction at UN

October 3, 2017

One U.N. committee’s agenda aligns with President Donald Trump’s plan for American energy dominance to build cleaner coal power plants and distribute more U.S. energy and expertise. The Committee on Sustainable Energy under the U.N. Economic Council for Europe assesses

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Coal India Plans Expansion Into Copper and Nickel Mining Markets

October 2, 2017

Coal India Ltd, the world’s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs, potentially signaling a strategy shift to cut reliance on the fossil fuel. The state-run company

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Caterpillar Seals Deal on Autonomous Retrofit Project for Fortescue’s Mining Trucks, Australia

October 2, 2017

Caterpillar Inc. this month publicly acknowledged its first major agreement to retrofit a mine operator’s mixed fleet of mining trucks with autonomous capabilities. Approximately 100 Cat and Komatsu trucks at Fortescue’s iron ore mines in the Pilbara region of Western

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Pakistan Wrestles with Coal Dilemma Amid Power Shortfalls

September 28, 2017

Pakistan’s efforts to end energy crisis have impaled it on the horns of a dilemma: it wants to end power shortfalls at the earliest using coal but also needs to keep its environment clean. Electricity is a major issue in

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China Still Bringing in Boatloads of North Korean Coal Despite Ban

September 28, 2017

China announced in February that it was suspending coal imports from North Korea through the end of the year, but China imported significant amounts of coal last month, according to domestic customs data. China imported 1.6 million tonnes of coal

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Brazil Backs Off Mining Bid in Amazon Nature Reserve

September 28, 2017

The Brazilian government has pledged to reinstate a mining ban in an Amazonian nature reserve, reversing its earlier course after an international outcry. Greenpeace says several illegal mines are active in the area. President Michel Temer will restore protective measures

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Metso Signs Distribution Agreement with Process Control Equipment to Expand Services in UK, Benelux

September 26, 2017

Metso has signed a distribution agreement for its valve products with Process Control Equipment (PCE) to cover UK, Benelux and Spain. Under the non-exclusive agreement, PCE will add to its current portfolio of Metso’s Neles and Jamesbury product families for

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Bukit Asam Explores Coal Mining Acquisitions in Kalimantan, Indonesia

September 26, 2017

Bukit Asam (PTBA) is focusing on seeking coal mines to be acquired in Kalimantan. The company considers that Kalimantan is an area with abundant coal reserves and has better logistics access than Sumatra. Director of Bukit Asam, Arviyan Arifin confirmed

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