Monthly Archives: February 2013

World Coal News

Mining slowdown dents business spend

A slowdown in the mining sector has contributed to an unexpected drop in business investment, new figures from the Australian Bureau of Statistics show.

Vale wipes $1bn off Aussie coal

Brazilian mining giant Vale has written down its Australian coal assets by $1 billion and posted a record quarterly loss.

Opencast plans for Pike River mine

Officials are investigating a proposal to turn Pike River mine into an opencast coal pit.