NEWS — Click on text to read news by category: General | Product | People | Worldwide
U.S. Coal Exports to Europe Up 46% By Weight, 184% By Value
December 13, 2022
Europe is buying almost 50 percent more U.S. coal as winter approaches and the Russian invasion of Ukraine drags on, increasing the percentage of U.S. coal shipped to Europe to the highest level since 2016. The overall value of U.S.
Epiroc to Acquire South African-based Collision Avoidance Systems Provider Mernok Elektronik
December 12, 2022
Epiroc has agreed to acquire Mernok Elektronik (Pty) Ltd., a South African company that provides advanced collision avoidance systems for mining companies. With this acquisition, Epiroc will strengthen its position as a world-leading provider of automation and safety solutions for
Anglo American Combines nuGen™ with First Mode, Invests $200M to Accelerate Zero Emissions Haulage
December 8, 2022
Anglo American has signed a binding agreement with First Mode Holding Inc. to combine Anglo American’s nuGen™ Zero Emissions Haulage Solution (ZEHS) with First Mode, the specialist engineering technology company that partnered with Anglo American to develop the nuGen™ ZEHS.
Government Approves Plans for West Cumbria Mining’s Whitehaven Coal Mine in the UK
December 8, 2022
The Woodhouse Colliery was given the green light by Levelling-Up Secretary Michael Gove on Wednesday. The announcement specified that the coal will not be used for power generation; rather it will be metallurgical coal for steel production. It has been
Glencore Scraps Application for Valeria Coal Mine in Queensland, Australia
December 8, 2022
Australia’s largest coal producer Glencore has scrapped an application for a major new mine in Queensland. The Swiss multinational said it is reviewing plans for the Valeria project in the state’s Bowen Basin, which could have produced 16m tonnes of
Newcrest to Invest $150 Million to Further Extend Telfer Gold Copper Mine Operations, Australia
December 7, 2022
Newcrest Mining said that its board has approved an investment of A$214 million ($150 million) for the West Dome Stage 8 cutback at its fully-owned Telfer gold-copper mine operations in Western Australia. The investment includes the costs for mine operation
Epiroc and Gold Fields Australia Enter MOU for Development of Diesel-electric Underground Mine Truck
December 2, 2022
Epiroc and Gold Fields Australia formally entered into a memorandum of understanding (MOU) to partner on the development of the next generation of underground mine trucks. The companies will work in a formal partnership to develop and test a proof
SolGold and Cornerstone Merge
November 29, 2022
SolGold and Cornerstone Capital Resources have entered into a definitive agreement where SolGold will acquire all of the issued and outstanding shares of Cornerstone, other than Cornerstone shares already held, directly or indirectly. The merger of Cornerstone and SolGold will
Coal Traders Turn to Private Finance as High Demand Lifts Prices
November 29, 2022
Coal traders are turning to private finance to keep shipments moving after a European ban on Russian imports sent prices up fivefold. Russia made up almost half of the European Union’s hard-coal imports in 2020, but purchases all but ceased
Biden Pledges $20 Billion Deal to Indonesia to Help End Its Reliance on Coal
November 23, 2022
President of the West Virginia Coal Association Chris Hamilton joined Fox & Friends First to discuss the deal and the implications of Biden’s green agenda on jobs and the economy. Watch the latest video at foxnews.com Be in-the-know when you’re
