by Gordon Barratt | May 6, 2020 | News
Listed coal miner Hwange Colliery Company Limited (HCCL) swung from a loss position of $487 million to post profit after tax of $1,5 billion during the year ended December 2019, buoyed mainly by sales mix change and increased product pricingHwange, which was placed...
by Gordon Barratt | May 6, 2020 | News
Despite bituminous exports falling over 30% on the month, US coal exports rose to a four-month high of 6.27 million mt in March, as metallurgical exports recovered from its three-year low in February, according to US Census Bureau data released Tuesday. March coal...
by Gordon Barratt | May 5, 2020 | News
Image: Glencore Glencore has greeted 2020 with a steep decline to its Australian coking coal production, but its thermal coal portfolio offset the blow. The company produced 1.8 million tonnes of coking coal in the first quarter of this year, a drop of 31 per cent...
by Gordon Barratt | May 5, 2020 | News
Ausmex mining leases Source: Ausmex Ausmex Mining Group has formed a strategic alliance with Activex in a bid to bring its Mt Freda gold complex in Queensland into production this year. Both parties will team up to identify and acquire gold ore processing facilities...
by Gordon Barratt | May 5, 2020 | News
US-based miner Arch Coal will be known as Arch Resources from May 15, underscoring the company’s transition to a producer of metallurgical products for the global steel industry. “Arch produces some of the world’s highest quality metallurgical products for the...
