Mitsubishi kisses thermal coal goodbye, sells Aussie mines

Having trouble viewing this email?  View online Coal News Digest Tuesday 8 January 2019 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Mitsubishi kisses thermal coal goodbye, sells Aussie mines Japan's biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore. read » Human activity creates 208 new mineral species Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls read » Mining M&A jumps to five-year high 1,349 announced mining deals valued at $86B through December 18, up 60% from 2017. read » Coal demand seen steady through 2023 thanks to India and China — IEA Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts. read » Anglo ending 2018 on high note, predicts higher output, lower costs The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below. read » Indian rescuers struggle to pump out water from flooded mine The mine became flooded after at least 15 miners went down the narrow pit on Dec. 13. read » Mercury limits on coal plants no longer 'appropriate,' EPA Says According to the new EPA analysis, the costs of complying with the rule are projected at $7.4 billion to $9.6 billion annually, while monetized benefits are estimated to be $4 million to $6 million annually. read » China's industrial profits suffer first drop in 3 years, piles pressure on economy The gloomy data points to a further loss of economic momentum as a trade dispute with the US piles pressure on China's vast manufacturing sector. read » Trump's EPA to maintain Obama-era coal plant curbs, with a twist Electric utilities have already spent billions of dollars to meet the requirements. read » Indian billionaire's Australian mine plans face further delay Adani can start work on building the rail line to connect Carmichael to Queensland's freight network, but cannot start building the mine just yet. read » South Africa's Transnet hopes to re-open one closed coal export line on Saturday South Africa's Richards Bay Coal Terminal (RBCT) exported a record 76.47 million tonnes of coal in 2017, and aims to export 77 million tonnes this year. read » Worst Czech coal mine blast in decades kills 12 Poles, one Czech The accident is the worst mining disaster in the Czech Republic since 1990, when 30 miners died in a fire at a mine near Karvina in the same region. read » Incidents of black lung vastly under-reported in US Appalachia — NPR The investigation tracked the plights of former coal miners suffering from the disease. read » Nigeria's first gold refinery plans to triple capacity in five years Most ore will be sourced locally from various locations including the northwestern states of Zamfara, Kebbi and Kaduna, as well as the central states of Kwara and Niger. read » Only 13% of board members in the mining industry are women: Bedford When it came to analyzing named executive officers in mining firms, only 8% were women. read » New technology allows for digging 100 feet below water MineWare experts have extended the capability of its Pegasys Dragline Monitor to support underwater digging. read » Climate ideals clash with coal realities at Polish-led U.N. talks Coal bosses see a need to address climate risk, but say Poland must use thermal coal for electricity until it has a better option. read » Dalian coke futures end at 3-week low on demand concerns Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up. 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. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Coal News Digest". You mayunsubscribe at any time. The information contained in “Coal News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Coal News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.