ARCHIVE

Sayonara Sonoma

CLIFFS Natural Resources has finalized the sale of its 45% stake in the Sonoma coal mine in Queen...

Noel Dyson
Sayonara Sonoma

It also sold its interests in the affiliated wash plant.

Cliffs sold 90% of its interest to QCoal and the remainder to JSS.

It received about $A141 million ($US146 million) in cash.

Existing mine manager Sonoma Mine Management will continue to be responsible for overseeing the operation.

Sonoma’s 2011 production and sales volumes totaled 3.5 million tonnes and 3.1Mt respectively.

The product mix was about two-thirds thermal coal and one-third metallurgical coal.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production