Coal Mine News
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European coal’s longest slump in at least eight years is poised to end as imports from the U.S. fall and further declines trigger production cuts at mines in Russia and Poland.
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Freeport-McMoRan Copper & Gold Inc. began a safety review at its halted Grasberg operation, the world’s second-largest copper mine, amid supply concerns that are boosting prices.
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The local unit of Freeport-McMoRan Copper & Gold Inc. declared a day of mourning after an accident at the Grasberg complex in Indonesia killed 28, prompting the nation to order a review of all mining operations.
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South Africa will begin building a 70-kilometer (44-mile) pipeline this year to supply water from a reservoir in the north to local coal mines, Water and Environmental Affairs Minister Edna Molewa said.
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The death toll from a collapsed tunnel at Freeport-McMoRan Copper & Gold Inc.’s Grasberg complex reached 28 as Indonesia said it would review all mining operations following one of its worst mining accidents.
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Yanzhou Coal Mining Co. plans to meet with bond investors from today to discuss a possible sale of dollar-denominated subordinated notes with no fixed maturity.
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Indian Prime Minister Manmohan Singh’s latest skirmish with corruption risks setting back efforts to spur growth, worsening a legislative logjam under a government set to pass the fewest bills ever in a full term.
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Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward as interim chairman after John Bond was ousted by shareholders of the world’s largest exporter of power-station coal.
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Glencore Xstrata Plc Chairman John Bond was voted out by shareholders at the first annual general meeting of the world’s biggest exporter of power-station coal.
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China has ordered production suspended at all coal mines in the southwestern province of Sichuan after a blast on May 11 killed 28 workers.
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