Colombia lost five mine workers as a result of a gas explosion in a mine in the central province of Cundinamarca. A sixth miner was injured in the blast which came shortly after the Colombian government promised to look over safety measures to prevent such tragedies which have become the norm of late in the country.
The coal mining industry in Australia is unlikely to return to full production any time soon with cyclones in North Queensland causing even more disruptions. The recent flooding in the state has resulted in the majority of coal mines operating at reduced capacity.
The US mining industry can expect a bit of a shakedown as the mining regulatory agency proposes a new rule that will help to close down mines with health and safety violations faster.
Chevron Corporation is gearing up to quit coal mining. The petroleum giant is actively looking for a buyer for its open pit mine located out of Kemmerer in western Wyoming.
POSCO, The Pohang Iron and Steel Company, (KRX: 005490) (NYSE: PKX) (TYO: 5412 ) (LSE: PIDD), based in Pohang, South Korea, is taking on African partners to help push forth its development of natural resources in the region.
Two large scale protests in Hunter Valley held last year will see almost 80 climate change activists in court. The Port Waratah Coal Services (PWCS) terminal in the Port of Newcastle was the scene of protests with people climbing onto the machinery and shutting down the coal loading facility for several hours.
The 29 miners who died in the explosion at the Pike River Coal mine in New Zealand have brought forth a number of issues. An inquest was conducted to give families of the miners death certificates and the coroner has concluded that there was probably no hope of rescuing the miners at all.
The rains in Australia and Brazil have played havoc with shipments for mining giant Vale with 600,000 tonnes of iron ore being delayed from Brazil and 500,000 tonnes of coal being delayed from Australia.
La Preciosa coal mine located in north-eastern Colombia saw an explosion rip through it killing 17 miners. Six miners who survived had serious injuries and four more are missing in the mine, feared dead.
Cerrejon is a coal mining venture that BHP Billiton, Anglo American and Xstrata own in Colombia. Each company holds 33.3% of stake in the mine. The union of mine workers at the mine have voted in favour of a walkout over wage issues. The National Union of Coal Industry Workers represent 96% of the current employee strength at the mine.
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