
Malabar to raise cash and delist from ASX
Malabar Coal is aiming to raise AUS$2 million to fund development of its Spur Hill metallurgical coal project. It will also seek to delist from the ASX.
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Malabar Coal is aiming to raise AUS$2 million to fund development of its Spur Hill metallurgical coal project. It will also seek to delist from the ASX.

Tlou Energy, a company focused on delivering power in Botswana and Southern Africa through CBM projects, has completed a AUS$3 million oversubscribed placement of new ordinary shares.

Africa Finance Corp. joins Ncondezi Energy’s existing US$1.32 million loan facility announced in May 2016 and has committed an additional US$3 million to the shareholder loan facility in two tranches.

Matrix and Brentwood Electronics T/A Monitech partner to distribute and integrate Matrix product line, including mine proximity detection systems, to the African mining industry.

The US Mine Safety and Health Administration is issuing a call to safety to coal miners working in underground and opencast mines across the US.

Foresight Energy has completed an out-of-court restructuring of over US$1.4 billion in indebtedness pursuant to the terms of Transaction Support Agreements previously executed.

Dominion is finishing a major clean up project in Southwest Virginia that will help improve water quality in the Clinch River.

Judy Dlamini intends to step down from Anglo American’s board in order to focus on other business commitments.

Coal consumption by educational institutions in the US fell to 700 000 short t in 2015, according to the US Energy Information Administration.

Terex Minerals Processing Systems unveiling its ‘Making New Tracks’ large mobile plant strategy in North America at MINExpo International 2016 in Las Vegas.

The US Department of Energy (DOE) has announced approximately US$6.7 million in federal funding for products produced from carbon dioxide.

Southwest Research Institute (SwRI) is leading a team to help formulate a plan for an oxy-combustion pilot plant under a US$3.3 million project from the US.