New Hope coal production drops
Australian coal company, New Hope Corp., produced 1.167 million t in the three months to 31 January 2016, a fall of almost 16%.
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Australian coal company, New Hope Corp., produced 1.167 million t in the three months to 31 January 2016, a fall of almost 16%.
South32 is to cut 300 jobs at its Australian metallurgical coal business and reorganise the assets as the company announces a US$1.7 billion loss.
CONSOL Energy has entered into an agreement to sell its Buchanan mine and other metallurgical coal reserves for total consideration of US$420 million.
Westmoreland Coal expands the size of its Board of Directors following the 2016 Annual Meeting to 9 Directors.
Atrum Coal expects its encouraging yield results from quality testing at the Groundhog anthracite project to positively impact new pre-feasibility study.
Gobi Coal & Energy will be expanding its resources value chain into hard coking coal discovery, coking coal consolidation and graphite and uranium development.
Bowie Resources is going to idle its Bowie #2 coal mine near Paonia, Colorado, due to market deterioration.
A round-up of some of this week's key news items from the international coal industry, from recent coal plant updates to the latest corporate affairs.
According to a US EIA report, coal consumption in the electric power sector decreased 18% from 2008 to 2014 in the US yet coal shipments made either exclusively or partly by rail has remained near 70%.
Southern Company has taken leadership of the Carbon Capture International Test Center Network (ITCN).
New World Resources Plc has released its financial and operating results for 2015.
Caterpillar Inc. has reported that Doug Hoerr is to become Vice President with responsibility for the Material Handling & Underground Division.