Alert Data News | Business | Companies | UK | Mining

UK Coal PLC

Tue, 22 May 2012 08:39:25 +0100

£100m Rossington colliery redevelopment - potential new jobs
UK Coals property division, Harworth Estates, is building 1,200 houses in the third phase of the £100m redevelopment of the former Rossington colliery in Yorkshire. The 49 hectare redevelopment will also include a food store, commercial units, a pub and hotel. New jobs and business opportunities are likely to arise as a result of the investment.

Kazakhmy Plc

Wed, 16 May 2012 17:00:03 +0100

New Director elected - Eight Directors re-elected - Auditors reappointed
Kazakhmy Plc, a London headquartered registered copper mining company, has appointed Charles Watson as Director at the companys Annual General Meeting in May 2012. Vladimir Kim, Oleg Novachuk, Eduard Ogay, Philip Aiken, Clinton Dines, Simon Heale, Lord Renwick and Daulet Yergozhin have been re-elected as Directors. The company has also reappointed Ernst & Young LLP as auditors. Robert Welch is Company Secretary of Kazakhmy Plc.

Kazakhmy Plc

Tue, 15 May 2012 14:00:02 +0100

Business expansion - 4.2 billion dollars of funding - 6 billion dollars investment
London headquartered Kazakhmy Plc, a UK registered copper mining company, is investing 6 billion dollars, following receipt of 4.2 billion dollars in funding, in expanding with major growth projects at Bozshakol Copper Mine, Kazakhstan and Aktogay in Kazakhstan. The company has also appointed Charles Watson as a member of the Board. John Smelt is Head of Corporate Communications.

The Banks Group Ltd

Tue, 15 May 2012 07:29:40 +0100

New 21.9m wind farm scheme - 30 new jobs
Banks Renewables, part of the Banks Group, has completed a 21.9m agreement with The Co-operative Bank to fund the construction of the Penny Hill Wind Farm in South Yorkshire. Thirty new jobs are expected to be created as a direct result. Completion is expected by the end of 2013.

Forum Energy PLC

Mon, 14 May 2012 14:00:02 +0100

Revenues fall 86% - production restarted at Galoc oil field
Oil and gas exploration and production company Forum Energy recorded 2012 first quarter revenues of 0.2m dollars, an 86% decline from the 2011 first quarter. The fall was due to temporary suspension of production at the Galoc oil field during an upgrade, and production has now returned to normal.

UK Coal PLC

Thu, 10 May 2012 08:03:35 +0100

150 job at risk - colliery encounters profitability issues
UK Coal is reducing headcount at Daw Mill colliery in Warwickshire by up to 150 by the end of 2012. Although production has improved at the colliery the company is encountering difficulties in keeping costs down while maintaining good production levels at the site. 2010 turnover £351.2m, 2,877 employees.

UK Coal Mining Ltd

Tue, 08 May 2012 08:23:58 +0100

200 Jobs Lost - Emergency Rescue Plan - Turnover 344.8m
New savings at Daw Mill Colliery made by owners UK Coal are reducing the workforce from 700 to around 500 by September 2012. UK Coal announced in February the mine would close by 2014 if an emergency rescue plan failed. the mine is producing coal up to a level of 45,000 tonnes a week.

UK Coal PLC

Wed, 02 May 2012 08:35:05 +0100

Returns to profits - turnover increased to £351.2m - outlook remains uncertain
Coal mining company UK Coal recorded pre-tax profit of £58m on sales of £488.2m in 2011. The profit, which follows a restructuring, was the first for four years. Turnover increased from £351.2m in 2010 when the company recorded a loss of £74.3m. However pension deficit has nearly doubled and their is a high level of debt in the mining business.

Anglo American PLC

Tue, 24 Apr 2012 12:00:03 +0100

Directors re-elected at Annual General Meeting
Following its Annual General Meeting in April 2012, Anglo American Plc, the British multinational mining company headquartered in London, has re-elected Cynthia Carroll, David Challen, Sir CK Chow, Sir Philip Hampton, Rene Medori, Phuthuma Nhleko, Ray O'Rouke, Sir John Parker, Mamphela Ramphele, Jack Thompson and Peter Woicke as members of the Board of Directors. Andy Hodges is Deputy Company Secretary.

Vedanta Resources Plc

Tue, 24 Apr 2012 12:00:02 +0100

Revenue up 14 per cent - Profit rises 13 per cent - Metals production increases
Metals and mining company Vedanta Resources Plc, headquartered in London, has recorded a 14 per cent rise in revenue to Rs 11405. Net profit also increased by 13 per cent to Rs 5526. The companies production of zinc rose 6 per cent, of lead rose 56 per cent and production of silver rose 35 per cent. Mr Anil Agarwal is a Director of Vedanta Resources Plc.