These are top-10 global mining trends expected for 2018

To thrive in the mining industry’s historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.) In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably[…]

Rio Tinto autonomous trucks now hauling a quarter of Pilbara material

Mining giant Rio Tinto’s (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia’s Pilbara region last month, the company said. The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company’s five sites in[…]

Appeal of $15m BC thermal coal terminal project rejected by court

A $15 million thermal coal terminal at Fraser Surrey Docks that was approved by the Vancouver Fraser Port Authority in 2014 has been given the green light by the Federal Court of Canada. The court last week dismissed an appeal by two community groups backed by Ecojustice of the project’s approval. The decision comes at[…]

Union at Colombia's Cerrejon votes to strike after talks fail

BOGOTA, Jan 29 (Reuters) – The largest union at Colombia’s top thermal coal mine Cerrejon has voted to strike following failed salary and benefit negotiations with the company, the union said on Monday. Cerrejon accounts for 37 percent of Colombia’s coal output, the world’s fifth-largest exporter of the mineral, and a strike is likely to[…]

Anglo American exits South African coal with sale of New Largo mine

Anglo American (LON:AAL) has officially left the coal sector in South Africa with the sale of its New Largo mine to a group of black-controlled companies. Seriti Resources Pty Ltd., Coalzar Pty Ltd. and South Africa’s Industrial Development are paying Corp. are paying $71 million for the asset, Anglo said in the statement. Last year, Anglo[…]