Rio Tinto announces further cuts to CAPEX, OPEX
Rio Tinto’s outgoing CEO, SAM Walsh, has said the company is targeting further cuts to capital and operating costs through to 2017.
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Rio Tinto’s outgoing CEO, SAM Walsh, has said the company is targeting further cuts to capital and operating costs through to 2017.
Carbon Energy is to play a key role in pioneering a globally significant underground coal gasification research centre in China in conjunction with the China University of Mining and Technology.
Holders representing over 90% of Universal Coal’s issued shares have now approved the company’s takeover by Coal of Africa.
Aspire Mining sees significant opportunities to acquire producing or near-production metallurgical coal assets.
South African coal mining and distribution company, Wescoal, has appointed Bothwell Mazurara as Chief Financial Officer.
The Federal Court of Australia has appointed a provisional liquidator to Continental Coal.
Trading in shares of New World Resources has been suspended after its subsidiary, OKD, filed for insolvency.
Glencore has reported coal production was down 5.9 million t for 1Q16.
The Board of OKD has met and decided to file an insolvency petition, which has been filed with the Czech court.
New Columbia Resources receives notification from the Agencia Nacional de Mineria to accept new terms for a concession contract for high-quality premium metallurgical coal.
The Board of OKD has met today to assess the status of the discussions between the Czech government and the AHG, its current liquidity position and its imminent liabilities.
The London P&I Club has released a warning about continued problems with the carriage of Indonesian thermal coal.