Court approval paves Alpha’s way out of bankruptcy
The approval by the bankruptcy court of Alpha’s reorganisation plan and the sale of its core assets paves the way from the company leave Chapter 11.
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The approval by the bankruptcy court of Alpha’s reorganisation plan and the sale of its core assets paves the way from the company leave Chapter 11.
US weekly coal production hit a 2016 high of 13.7 million short t, according to the Energy Information Administration.
UK coal production has fell by 68.7% year-on-year in 1Q16 on weakening demand and the closure of the last deep pits.
Cloud Peak Energy Inc. has announced that Ms. Jeane L. Hull has been elected to the Cloud Peak Energy Board of Directors as a new Independent Director.
South32 South Africa Energy Coal has donated two light duty vehicles to the Mpuma Waste Material Primary Co-operative.
Arch Coal has reached a global settlement with certain of its secured lenders and the official committee of unsecured lenders.
German coal trader, HMS Bergbau, has bought a stake in Zimfin Capital, giving it access to coal processing capacity in Mpumalanga.
TerraCom Ltd has announced that the company is to acquire Blair Athol Coal Mine in Queensland, Australia.
The Swedish government has approved the divestment of Vattenfall’s German lignite assets.
The Chief Executive of the Queensland Resources Council (QRC), Michael Roche, has announced his intention to step down in 2016.
Coal India has partnered with Solar Energy Corp. of India to develop 200 MW of solar power.
HMS Bergbau made a profit of €0.2 million in the 2015 financial year, despite continued galls in the price of coal.