MINEX Forum

Tag: coal mining

  • RWE tears down operational wind turbines in grab for more coal

    RWE tears down operational wind turbines in grab for more coal

    The demolitions are part of a deal brokered with Vice Chancellor Robert Habeck and Economics Minister for North Rhine Westphalia, Mona Neubaur, that is supposed to see RWE wind down its coal operations by 2030. RWE is Europe’s second largest CO2 emitter from coal power stations, and has razed over 100 villages in the Rhineland region to make way for its coal operations. Germany’s government is still aiming to exit coal by 2030.

    “The current climate emergency requires urgent and concerted efforts to accelerate the deployment of every single wind turbine, solar panel and heat pump that we can muster. Anything that diverts from this critical endeavour, especially the dismantling of renewable energy sources to extract more fossil fuels, must be unequivocally prohibited,” said Fabian Hübner, senior campaigner in Germany at Beyond Fossil Fuels.

  • Coal production at the “Kazakhstanskaya” mine has been suspended – labor union

    Coal production at the “Kazakhstanskaya” mine has been suspended – labor union

    The coal mining at the “Kazakhstanskaya” mine has been temporarily suspended, as reported by the “Korgau” labor union. This comes after a tragedy occurred in August of this year.

    “In connection with the accident that occurred on August 17, work at the ‘Kazakhstanskaya’ mine for coal mining and tunneling has been suspended indefinitely,” the statement reads.

    Currently, efforts are being made to ensure the well-being of the mine. Approximately 600 employees, who were released due to the suspension of the main operations, have been relocated to other coal department mines.

    “The ‘Korgau’ coal miners’ labor union has reached an agreement with the management of ArcelorMittal Temirtau JSC that the relocated workers will be paid based on the work they perform, but not less than the average wage,” the publication notes.

    For any questions that workers may have regarding their relocation to other mines, they are encouraged to contact the labor union committees of the respective enterprises.

    Recall that on August 17 at 10:05, a fire broke out in the coal incline D6 (horizon – 170 m) at the “Kazakhstanskaya” mine in the Karaganda region. An emergency response plan was initiated. At the time of the incident, 227 people were underground. Evacuation of employees was carried out through a flank shaft. 222 employees were rescued, while 5 employees lost their lives. Their names were disclosed by ArcelorMittal Temirtau.

  • Montenegro’s Rudnik Uglja net profit rises in H1

    Montenegro’s Rudnik Uglja net profit rises in H1

    August 1 (SeeNews) – Montenegro’s coal mining company Rudnik Uglja [MNG:RUPV] said on Friday that its net profit soared to 1.1 million euro ($1.2 million) in the first half of 2023 from 53,770 euro in the like period of last year.

    Rudnik Uglja’s revenue rose to 26.9 million euro from 20.5 million euro, while operating costs grew 19.5% to 14.1 million euro, Rudnik Uglja said in an interim financial statement filed with the Montenegro Stock Exchange on Monday.

    Following are details of Rudnik Uglja’s financial performance (in millions of euro):

    H1 ’23 H1 ’22
    Operating costs 14.109 11.787
    Revenue 26.857 20.472
    Net profit 1.130 0.530

    $ = 0.9112 euro