Noble warns of US$1.2 billion loss due to coal slide
Noble Group Ltd has warned it is expecting a net loss for 4Q15 of approximately US$1.2 billion for 4Q15 due to falling coal prices.
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Noble Group Ltd has warned it is expecting a net loss for 4Q15 of approximately US$1.2 billion for 4Q15 due to falling coal prices.
The Competition Tribunal has approved the takeover of Optimum Coal Holding Ltd’s Optimum coal mine and six other target firms by Tegeta Exploration and Resources.
Linc Energy and PT Sugico Graha sign agreements to develop commercial underground coal gasification projects in Indonesia.
Karen Peetz resigns from SunCoke Energy’s Board of Directors and the company make two new additions to the board.
BHP Billiton makes new operating model to increase efficiency and accelerate productivity.
Banpu Public Company Ltd has released its 5-year business plan entitled ‘Balanced Growth, World-Class Sustainability’.
Vale reports its coal production results for 4Q15 and 2015 are down compared to last year.
India will build 15 new coal washeries over the next 18 months, doubling the number of plants in the country.
Opening arguments have been presented to the US Court of Appeals for the DC Circuit in the legal challenge to the US Clean Power Plan.
A round-up of some of this week's key news items from the international coal industry, from the latest coal exploration updates to an outlook on the long-term sustainable growth of the mining industry.
Coal of Africa (CoAL) has extended the deadline for Universal Coal shareholders to accept its takeover offer.
CSX Chief Financial Officer, Frank Lonegro, has highlighted near- and long-term expectations and strategies for the company.