Anglo American exits S. African coal with sale of New Largo mine

Having trouble viewing this email?  View online Coal News Digest Tuesday 6 February 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Anglo American exits South African coal with sale of New Largo mine Last year, the miner sold other coal assets that exclusively supplied South Africa's power utility Eskom, including New Vaal, New Denmark and Kriel collieries. read » Rio investors asked to push miner to leave Minerals Council of Australia Australasian Centre for Corporate Responsibility says it needs 100 shareholders to co-file resolution at Rio's upcoming annual general meeting. read » Randgold doubles dividend as CEO charges against DRC mining code Randgold boosted divvy to $2 a share, after a year of record production and soaring profits, but warned the good times may be over soon as it's now facing demanding new regulations in Congo, one of its key jurisdictions. read » Goldman all but says the mining supercycle is back "The environment for investing in commodities is the best since 2004-2008" – Goldman Sachs read » These are top-10 global mining trends expected for 2018 Consulting firm Deloitte has published what it says will be the top-10 global trends in the mining industry this year. read » Rio Tinto autonomous trucks now hauling a quarter of Pilbara material The miner's autonomous haulage system (AHS) fleet has already moved over one billion tonnes of ore and waste material within the Pilbara region of Western Australia. read » Canada's Gahcho Kue diamond mine boosts Anglo American output, but copper flat The company beat expectations on Thursday with a 5% increase in 2017 production. read » Caterpillar beats estimates again, delivers bullish outlook for 2018 The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018. read » Rio, two former top execs must face fraud charges over Mozambique assets SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa. read » Teck trades lower following mine explosion The company reported a "significant pressure event" at its Elkview coal mine. read » Randgold's Kibali mine in DRC to achieve full production this year Mine is on track to produce its target of 700,000 ounces of gold in 2018. read » Ex-Massey Energy CEO and ex-con Blankenship running for US Senate Blankenship kicked off his campaign Thursday night with a town hall meeting for voters in which he vowed to support President Donald Trump's pro-coal stance with actions. read » Trump administration's plan to boost coal, nuclear power rejected For the Federal Energy Regulatory Commission, Rick Perry's arguments were unfounded. read » The great coal mining jobs boom has been postponed So far, repeal of the Clean Power Plan has not really equated with putting coal miners back to work, something Trump has pledged to do again and again. read » Commodity boom has a dark side as cost creep erodes windfall Mining and metal companies are rediscovering the downside of rallying prices: higher costs. read » Coal snared in headwind as traders flee $300 billion market The halcyon days of coal trading seem to be over as buying and selling of the world's most widely used power-plant fuel plunged last year. read » Rags to riches tale ends in disaster for 'mini-Glencore' Elman, 77, has watched another global commodity-trading powerhouse collapse before his eyes over the past year: his own. read » Appeal of $15m BC thermal coal terminal project rejected by court The appeal against the terminal at Fraser Surrey Docks was made by two community groups backed by Ecojustice last week. read » Union at Colombia's Cerrejon votes to strike after talks fail Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports. 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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