COMPANY ACTIVITY

Ulan stars in Glencore thermal coal drive

GLOBAL resources giant Glencore has increased its total coal production for the September quarter...

Lou Caruana
Ulan stars in Glencore thermal coal drive

The completion of various advanced-stage thermal coal expansion projects also played their part in the better result coal result.

Australian thermal and semi-soft production for the September quarter was 49.1Mt – 11% higher than the previous comparable period.

“The increase reflects the start of longwall operations at Ulan West and productivity improvements at the Bulga complex,” Glencore said.

“Expansion projects at Ravensworth North and Rolleston also contributed to the increase.”

The story for Australian coking coal production was not as bright. It dropped by 18% to 4.6Mt mainly because of cost reduction initiatives that resulted in mine plan and roster changes at Newlands, Oaky Creek and Collinsville, and the impact of mining through a fault at Oaky North.

South African September quarter thermal coal production was 34.4Mt, 5% higher than the comparable period.

The increase principally reflects opening of the Wonderfontein open cut mine in the first quarter of 2014, inclusion of the Hlagisa open cut mine for a full year in 2014 and the benefits of productivity improvements at the Tweefontein underground operations.

These increases were tempered by the closure of certain higher cost mines.

The group’s share of Cerrejón production in Colombia was 8.2Mt – 6% higher than the comparable period – and mainly relates to the impact of the 32-day strike that occurred in the first quarter of 2013.

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