Gold miner and copper producer Newmont has announced the appointment of Peter Wexler as chief legal officer. He will join the company’s Executive Leadership Team and will be responsible for leading its legal, compliance and regulatory affairs globally. Wexler brings more than three decades of international knowledge in legal and risk management. He most recently served as chief legal officer…
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U.S. thermal coal exports highest in five years
According to data from ship-tracking firm Kpler, the United States exported more than 32.5 million metric tons of thermal coal in 2023, reported Reuters. The total volumes were the highest since 2018, and were worth more than $5 billion. Coal miners and trading firms have stepped up sales of U.S. coal to international buyers as domestic use of the product…
Read MoreWorld Coal Association becomes FutureCoal
After more than 38 years, the World Coal Association (WCA) will cease use of its moniker, rebranding itself as FutureCoal – The Global Alliance for Sustainable Coal. The unveiling of the new name and logo was held in Delhi by group chief executive Michelle Manook, who said the new era is in response to a call from coal and coal…
Read MoreGM, Komatsu partner on HYDROTEC fuel cells
General Motors and Komatsu will co-develop a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck, the world’s best-selling ultra-class haul truck. GM and Komatsu will jointly design and validate the technology. Lightweight and quick to refuel, hydrogen fuel cells are ideal for electrifying applications traditionally powered by diesel engines. Hydrogen provides an effective method to package…
Read MoreGlencore-led group nabs Teck coal unit
A consortium led by Glencore agreed in November to acquire Teck Resources’ steelmaking coal unit for $9 billion, marking one of the largest deals in the mining sector, according to Reuters. Glencore will own 77% of the business in a $6.9 billion cash deal, while 20% will go to Japan’s Nippon Steel Corp., which already holds a 2.5% stake. South…
Read MoreMajority of U.S.-produced met coal now MCPA represented
The Metallurgical Coal Producers Association (MCPA) has revealed that a majority of the nation’s metallurgical coal produced annually – about 55% – is now represented by the group. While MCPA is a regional association representing Appalachian producers, coal tonnage by its members is all mined within a four-state region: Kentucky, Pennsylvania, Virginia and West Virginia. The MCPA recently welcomed Blackhawk…
Read MoreArch Leer first to achieve Towards Sustainable Mining verification
Arch Resources’ Leer coal mine in West Virginia has achieved Level A verification for all protocols comprising the Towards Sustainable Mining (TSM) initiative. Leer is the first mine of any type to achieve and verify this performance level through TSM’s new subscription program, which allows any mine anywhere in the world to implement this globally recognized sustainability initiative for the…
Read MoreEpiroc, Vale to strengthen mine safety
Epiroc Canada and Vale Canada, a Vale Base Metals subsidiary, have entered into a non-binding agreement to develop, test and utilize groundbreaking mining techniques and equipment to bolster safety processes and drive innovative solutions. “We are excited about our shared commitment with Vale Base Metals to accelerate the transformation of the mining industry through innovation that will keep pushing the…
Read MoreSurface drill rig order beats record for Sandvik
Equipment maker Sandvik has won its largest-ever order, valued at SEK 248 million (US$23.66 million), for surface drill rigs to be delivered beginning this quarter to U.S. dealer Country Boy Supply. The order, booked in the fourth quarter of 2023, includes 34 units to replace the company’s current contractor fleet in Georgia and Tennessee. Specifically, the fleet will include 16…
Read MoreUcore acquires Louisiana brownfield facility
Ucore Rare Metals has secured a multi-decade lease for an 80,800-square-foot brownfield facility on a 10.7-plus acre industrial parcel for the development of its first commercial rare earth element (REE) processing facility. The selected site for the Louisiana Strategic Metals Complex (LA-SMC) is located at the England Airpark complex in Alexandria, Louisiana. The LA-SMC will process 2,000 tonnes per annum…
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