
Universal Coal announces financial results for second half of 2017
The company’s revenue was up 124% to AUS$136.5 million, with EBITDA of AUS$29.6 million.
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The company’s revenue was up 124% to AUS$136.5 million, with EBITDA of AUS$29.6 million.

Edenville Energy plc, the company that own the Rukwa coal project have received a site visit from the Tanzanian Deputy Minister of Minerals.

Standard Industrie’s GAD50MVC solution was used to clean shot blasting cabins on a project in France.

Andre Boje has said that coal will remain an integral energy source for many in developing and industrialised nations for decades.

Benjamin Sporton reiterated the WCA’s support for the fossil fuel industry to work with governments to commercialise carbon capture, utilisation and storage technologies.

US President Trump has announced a US$122 million fiscal year 2019 budget proposal, which will support the goal of American energy dominance.

Despite financing difficulties, Adani remains focused on progressing its Carmichael coal mine project.

Coal India’s target for the power sector has been pegged at 513 million t for the next fiscal year.

Arch Coal “proud of the financial results achieved in 2017, as well as fourth quarter results, which benefitted from improved performance at metallurgical mines, strong execution at other thermal operations and positive momentum in international coking and thermal coal markets.”

Jonathan Segal has resigned from the company's Board of Directors in order to focus on other business obligations.

The network grew from 265 members at the end of 2016 to 360 at the end of 2017.

Data from the first two months of monitoring indicates air quality is good.