Alpha files reorganisation plan
Alpha Natural Resources has filed a proposed restructuring plan, which includes the sale of its core assets and the refocusing of the business on fulfilling reclamation obligations.
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Alpha Natural Resources has filed a proposed restructuring plan, which includes the sale of its core assets and the refocusing of the business on fulfilling reclamation obligations.
Coal of Africa and its subsidiary have been accused of breaching payment obligations relating to its 2010 acquisition of the Chapudi coal project.
Stanmore Coal has signed an significant offtake agreement for Isaac Plains semi-soft coking coal with a major East Asian steel producer.
Shareholders representing 53.2% of Universal Coal’s shares have accepted Coal of Africa’s takeover bid.
Rio Tinto has reported increases at Rio Tinto Coal Australia’s mineral resources and ore reserves in New South Wales and Queensland, Australia.
According to a new report from the US Energy Information Administration, US coal exports declined 23% in 2015, as coal imports remained steady.
Following a new national poll finding substantial support for coal-fired electricity, the American Coalition for Clean Coal Electricity states this shows public policy does not match public opinion.
Exxaro has announced that Mr WA (Wim) de Klerk will, after much consideration and deliberation, be stepping down as Finance Director of the company.
The Colorado Mining Association has indicated that many miners are to loose jobs following the idling of the Bowie mine No. 2 and federal and states governments are to blame.
The world’s fourth-largest diversified miner, Glencore, has announced a US$4.96 billion loss in 2015.
White Energy is facing an uncertain future after recording a half-year loss of ASU$31.8 million after taking an AUS$10 million impairment charge on its US coal mining business.
Rio Tinto completes the sale of its 40% interest in Bengalla coal Joint Venture for US$616.7 million.