More than 400 jobs to go at Glencore’s Hail Creek coal mine

Having trouble viewing this email?  View online Coal News Digest Tuesday 6 November 2018 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc More than 400 jobs to go at Glencore's Hail Creek coal mine The company also said it would reconfigure the mining methods used at Hail Creek, a process that will be phased in over the next 18 months. read » Google honours Canadian geologist Joseph Burr Tyrrell not only discovered the Albertosaurus sarcophagus, he also had a prolific career in mining. read » Spain to close most coal mines by end of 2018 Government and unions reached a deal that will see €250 million invested in mining regions over the next ten years, read » Caterpillar plummets after flagging tariffs-triggered high material costs The world's no.1 heavy machinery maker reported third-quarter earnings that topped analysts' estimates, but said the ongoing trade dispute resulted in $40 million in extra costs for materials in the period. read » Australia's coal sector hopeful A new report prepared for the Minerals Council of Australia forecasts that the demand for metallurgical coal to 2030 will grow by over 95Mt. read » Mining in the Mekong: Myanmar to outperform, Thailand to underperform – report Myanmar is expected to lead in the Mekong region for mining industry growth, driven by the high production growth of tin, lead and coal. read » Global coal mining industry sees compound annual growth The global coal mining market is growing, with a CAGR of close to 2% from 2018-2022. read » China won't renew coal, steel output restrictions amid trade war This winter, regulators are replacing hard caps on coal use and steel production with less strict targets. read » Nova Scotia miners to give C$8,000 to those who can prove industry 'rocks' The judging panel includes former Minister of Natural Resources and current Transportation Minister Lloyd Hines, Chief Terry Paul of Membertou First Nation and MINING.com's own Cecilia Jamasmie.  read » You'll need 286 pounds of coal to fuel that electric road trip As electric vehicles slowly become a bigger part of the global fleet, questions about mileage and fuel efficiency are going to become more apposite. read » BHP to return $10.4 billion in buyback, special dividend bonanza BHP had promised to return all of the net proceeds from the $10.8 billion sale of its U.S. shale business to shareholders when the deal was announced in July. read » Mongolia looks to list Tavan Tolgoi in NY, Hong Kong in 2019 The government is keen to develop the mine which holds an estimated 7.4 billion tonnes in reserves. read » Japan's Mitsui may sell stake in Australia thermal coal mine Mitsui has said it will trim its thermal coal assets in the long term but would continue to invest in coking coal – a key raw material for steel-making. read » Glencore is going to get crazy rich on coal next year Glencore expected to achieve annual cash savings of more than $300 million in its coal business by the end of 2018, but now it expects savings of more than $450 million by year-end. read » India court asks regulator to decide on Tata, Adani power relief The plants haven't been running at full capacity after the court ruled last year that a change in regulations overseas couldn't be a ground for increasing power prices. read » Yanzhou Coal's Australia bet wins over Goldman on price gain Yanzhou Coal Mining Co.'s high-profile acquisition of assets in Australia last year is set to pay dividends read » Teck Resources adjusted earnings fall on low commodity prices Diversified Canadian miner Teck Resources Ltd reported a near 23 percent drop in third-quarter adjusted earnings on Thursday. read » Brazilian pension fund Previ won't sell Vale shares before year end- CEO Previ intends to reduce its stake in the miner over the medium-term. read » Coronado to list in Australia after country's biggest coal IPO Coronado Global Resources Inc. raised $550 million in Australia's biggest coal initial public offering after selling securities at the bottom end of the marketed range. read » China Sept coal output hits 9-month high as new capacity starts up China ready to bring on the heat as the official heating season starts on Nov. 15. read » BHP announces $5.2B share buyback, keeps promise to return US Onshore asset sale proceeds The world's biggest miner promised in July to return the $10.5 billion in sale proceeds to shareholders. read » India's renewables sector forecast to double in the next five years In the near term, coal remains to be the hot topic in India. 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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