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Recent News Stories

  • BHP has appointed Mike Henry to succeed Andrew Mackenzie as the global mining giant’s next chief executive.

    Mike Henry supplied by BHP The appointment of an insider to the high pressure role followed what the BHP board said was a “thorough succession process”. Mr Henry, a 30-year mining veteran who joined BHP in 2003, is currently the miner’s president of minerals operations in Australia. The Canadian-born Mr Henry inherits a range of challenges from Andrew Mackenzie, including a slowing global economy, fallout

  • Arc Minerals Focused On Copper

    Arc Minerals Ltd is to focus on Zambian copper projects, it said on Wednesday, after agreeing to sell Casa Mining Ltd. Arc will dispose of its 99% stake in Casa Mining to Century Capital Management Ltd in a deal which could reach a value of USD9.8 million. Casa Mining owns 74% of the Akyanga gold deposit in the Democratic Republic of the Congo. Century Capital

  • Biggest coal plant in the US West, shuts down this week

    The 2,400-MW Navajo Generating Station (NGS) in northeastern Arizona — the largest coal plant west of the Mississippi River — is shutting down this week. The affiliated Kayenta coal mine will also shut down. Salt River Project (SRP), NGS’s Tempe-headquartered operator, says the coal plant’s shutdown date will be determined by the remaining coal supply. Of the 433 workers who were at the plant before

  • US coal production expected to fall

    The US Energy Information Administration said Wednesday that it expected the US to produce 697.9 million st of coal in 2019, raising its estimate from a month ago by 3.6%. 2019 production would be 7.4% lower than the 753.7 million st produced in 2018, while 2020 production is estimated at 607.1 million st, the EIA said in its November Short-Term Energy Outlook. The 697.9 million

  • China Hongqiao to move about 1/3 of its aluminium capacity to Yunnan

    China Hongqiao Group , the world’s biggest aluminium supplier, will move almost a third of its smelting capacity to Yunnan in southwest China from Shandong province, its chairman said on Thursday, cutting its reliance on coal-fired power. Hongqiao plans to move 2 million tonnes of capacity in two phases to Wenshan prefecture, in the southeast of hydropower-rich Yunnan province near the border with Vietnam, Zhang

  • Continental Gold Granted Key Exploration Title

    Continental Gold Inc. has announced that it has been granted a key exploration license by the Government of Antioquia encompassing the Electra South and Orion targets and, as a result, will commence a much-anticipated maiden drill program in the near term. The Company currently has 11 diamond drill rigs operating as part of its 73,500-metre definition and exploration drill program for 2019. Mine construction at the

  • Terex Trucks focuses on growth in Benelux market

    The Benelux market is a region of stability. With the economy and the construction sector set to grow at a steady speed in Belgium, the Netherlands and Luxembourg over the next few years, Terex Trucks is expanding its operations and bringing its TA300 and TA400 articulated haulers to even more customers throughout the region. The Benelux region is an important market for Terex Trucks –


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