Canadian-based Teck Resources said it is still evaluating offers for its steelmaking coal operations as the miner seeks to separate its coal and base metals businesses, reported Bloomberg. Read the full story here.
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Caterpillar to divest longwall business
OEM Caterpillar has confirmed to North American Mining and Miners News that it has made a preliminary deal to exit longwall mining and divest its longwall equipment arm to Hauhinco.
Read MoreVale selling Moz mine, rail corridor to Vulcan Minerals
Brazilian-based miner Vale has confirmed in a regulatory securities filing notice that it is selling its Moatize coal operation and Nacala logistic corridor in Mozambique to Jindal Group subsidiary Vulcan Minerals in a $270 million deal.
Read MoreBHP closes door on QLD met coal, sells to Stanmore
BHP announced 8 November it has inked a deal to divest its 80% holding in BHP Mitsui Coal (BMC), effectively exiting the metallurgical coal scene in Queensland, Australia.
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