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Coal Mining News

8 articles about coal mining

Kazakhstan and Guyana Join International Coalition Calling for Delay of EU Methane Regulation

Kazakhstan and Guyana have formally joined an international coalition, including Algeria, Nigeria, Qatar, and the United States, urging the European Union to delay and amend its Methane Regulation (EUMR). This growing alliance, representing a significant portion of Europe’s crude oil and natural gas imports, seeks to establish a pragmatic compliance framework that ensures regulatory certainty for energy suppliers while safeguarding Europe's energy security and competitiveness. The move highlights critical concerns regarding the EUMR's current framework and its potential impact on global energy trade.

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Thiess secures two five-year mining contracts in Mongolia

Thiess, a global leader in contract mining, has secured two significant five-year contracts in Mongolia, encompassing underground services at Rio Tinto's Oyu Tolgoi copper-gold mine and Coal Handling and Preparation Plant asset management for Energy Resources' Ukhaa Khudag coal mine. These agreements solidify Thiess's long-standing presence in the crucial Mongolian mining sector, particularly highlighting its expanded role in Oyu Tolgoi's complex underground operations which will become its largest worldwide, and underscore its expertise across diverse commodities and operational challenges.

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BHP reports decline in Q1 FY27 copper production

BHP reported a 19% decline in copper production for the first quarter of financial year 2027, primarily due to operational disruptions, planned lower feed grades, and severe weather impacts across its Chilean and South Australian assets. Despite these challenges, the company maintained its full-year copper guidance and saw a significant 53% increase in its provisional average realized copper price, reaching $7.01/lb. Meanwhile, iron ore and coal production registered increases, underscoring the benefits of BHP's diversified portfolio amidst a volatile global market.

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New Hope to acquire Malabar Resources in $1.2bn deal

New Hope Corporation is set to acquire all outstanding shares of Malabar Resources for approximately A$1.8 billion ($1.2 billion USD) through an all-scrip scheme of arrangement. The transaction, unanimously recommended by both boards, will see Malabar shareholders receive 0.500 New Hope shares for each Malabar share, consolidating 100% ownership of the Maxwell Mine, an 8 million tonne per annum longwall coal operation located adjacent to New Hope’s Bengalla mine in NSW’s Upper Hunter Valley. This strategic move is anticipated to be completed by March 2027, creating a combined entity with a market capitalization of approximately A$6.3 billion and enhancing operational synergies in a key Australian coal basin.

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Mining finance rises 55% as biodiversity report flags risks

A recent report reveals that bank financing for mining operations in tropical forest regions surged by 55% between 2016 and 2025, reaching $36.7 billion last year. This significant increase, detailed in the "Banking on Biodiversity Collapse 2026" report by the Forests & Finance coalition, raises critical concerns regarding biodiversity risks, waste management practices, and the need for enhanced environmental safeguards and supply-chain transparency across the global mining sector. The findings underscore a growing tension between the demand for critical minerals and the imperative for responsible development in ecologically sensitive areas.

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Europe’s tungsten revival: new issue of MINE out now!

The October 2026 issue of MINE magazine, released on October 15, 2026, offers a comprehensive analysis of critical shifts impacting the global mining sector, with a spotlight on Europe's strategic push to revive its tungsten industry. The publication delves into the geopolitical dynamics reshaping iron ore supply chains, advancements in underground automation, the volatile outlook for coal markets in 2027, and innovative mineral processing technologies, alongside a dedicated supplement on key developments in Australian mining.

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NSW approves HVO coal mine continuation with conditions

<p><br /> New South Wales' Independent Planning Commission has approved the continuation of Hunter Valley Operations' (HVO) North and South open-cut coal mines, extending their operational lives to 2045 and 2042, respectively. The approval is contingent upon strict conditions aimed at mitigating greenhouse gas emissions, including requirements for Scope 3 management, renewable energy integration, and limiting exports to countries with Paris Agreement-consistent reduction policies. This decision, following extensive public consultation and regulatory review, highlights the complex balance between economic benefits and environmental stewardship in Australia's vital mining sector.</p> <p>

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Yancoal closes $1.85bn deal for 80% stake in Kestrel Coal Mine

Yancoal Australia has finalized a significant $1.85 billion acquisition for an 80% interest in Queensland’s Kestrel Coal Mine, a premier metallurgical coal asset. This strategic move, which could see the total transaction value rise to $2.4 billion, bolsters Yancoal's presence in the Bowen Basin, diversifies its product mix with premium coking coal, and is expected to increase its pro forma metallurgical coal production share to 22%. The long-life Kestrel mine, with substantial reserves, is poised to enhance Yancoal's shareholder value and reinforce its standing as a leading Australian coal producer.

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