
Shares in NWR are suspended
Trading in shares of New World Resources has been suspended after its subsidiary, OKD, filed for insolvency.
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Trading in shares of New World Resources has been suspended after its subsidiary, OKD, filed for insolvency.

The Australian mining industry has welcomed the government commitment of AUS$100 million to geological exploration.

ASX-listed Acacia Coal has cuts its exploration and evaluation work substantially as it seeks to conserve cash.

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.

The US Department of the Interior has given Trapper Mining final approval of its Environmental Assessment, allowing it to continue operating based on existing opencast coal mining permits.

Bharat Heavy Electricals Ltd has commissioned a 600 MW coal-fired thermal power plant in the state of Madhya Pradesh, India.

Caterpillar Inc. Group President Denise Johnson will chair the world’s largest mining equipment exhibition, MINExpo 2016.

Essar Power Ltd has resumed the commercial operations of Unit I of the 1200 MW (2x600 MW) Mahan power plant.

Centaur Holdings appoints Wesley Grogor to Group Head of Mining Operations.

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.

In an interview with Akti Miaouli newspaper, BIMCO Chief Shipping Analyst provides insight into the markets for dry bulkers, tankers and containerships in 2016 and what to expect going forward.