Coal mine collapses killing five

Having trouble viewing this email?  View online Coal News Digest Tuesday 8 August 2017 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Coal mine collapses killing five The accident happened in Kashmir read » Mining industry can now predict opposition to projects before it's too late It's sounds too good to be true, but a new company is proving miners they can foresee opposition or any other form of social conflict related to their projects, before they even attempt going through […] read » Warnings for safety violations at newly opened coal mine in Canada pile up — report Donkin coal mine, in Cape Breton, has had at least 10 compliance orders and 29 warnings since it began producing in February, a report claims. read » Yancoal seeks $2.5bn from investors to pay for Rio's Aussie coal mines Former rival bidder Glencore will subscribe to $300 million worth of the rights offer. read » Rio Tinto's first-half profit soars 93%, investors getting $3bn back The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks. read » Caterpillar in search of new CFO as Halverson to retire next year Brad Halverson has spent nearly three decades with the mining and construction equipment maker. read » Upbeat China data sends iron ore soaring, climbs the most in 8 months Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016. read » Glencore acquires half of former Rio coal mine in Australia The Anglo–Swiss multinational announced that it signed agreements with Yancoal Australia regarding the acquisition of a 49 per cent interest in Rio Tinto's former coal assets in Australia's Hunter Valley read » Teck's steelmaking business jumps from $52M to $785M in 2Q What a difference a year makes. read » Religious leaders occupy Australia's environment minister's office to protest Adani's coal mine A rabbi, a Uniting church reverend, a former Catholic priest and a Buddhist leader occupied Australia's environment minister's office read » Here's how to avoid being caught in mining scams These courses can help you identify and evaluate the risks involved in mining investments before it's too late. read » Caterpillar earnings beat estimates, shares hit five-year high This is the second time this year the equipment giant boosts sales and profits forecast. read » Kumba resumes divvy thanks to stronger iron ore prices in first half Shareholders hadn't received dividends since 2015, when iron ore fell below $40 a tonne amid a global crash in commodity prices. read » Luxembourg shoots for the stars with fresh space mining deal The country's ultimate objective is to have its own space mining agency by the end of the year. read » Iron ore soars past $70 a tonne Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13. read » BHP iron ore output hits new record but copper production tanks World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%. read » Rio's revised iron ore guidance pushes price to three-month high From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%. read » Indonesia closer to mining deal with Freeport, but hurdles remain Some issues still need to be resolved before the U.S. miner gets a new operating permit for its huge copper mine. read » South Africa intends to suspend issuing mining rights South Africa intends to suspend the granting of applications for prospecting and mining rights as well as any renewals pending a court case to review new mining laws, the Mineral Resources Minister Mosebenzi Zwane said on Thursday. read » Coal mine sold for less than $1 reopens, to reach full production by year-end Blair Athol thermal coal mine, located in Queensland, Australia, had been closed since 2012 when former owner Rio Tinto shut down operations after almost 30 years of production. read » Junior miners talk new opportunities, and challenges While the mood at the recent Junior Indaba mining event was sombre when it came to South Africa's policy environment, there were some interesting opportunities being mooted for minerals like lithium. read » Rio Tinto axes iron ore export forecast for the year It also revised down its expected share of hard coking coal for the year to between 7.2 to 7.8 million tonnes from 7.8 to 8.4 million tonnes. read » Read more Coal news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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