Whitehaven Coal sees return to profit and record production
Whitehaven has reported a net profit after tax of AUS$7.8 million and record ROM and sales of coal of 7.1 million t and 7.3 million t for the half year ended 31 December 2015.
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Whitehaven has reported a net profit after tax of AUS$7.8 million and record ROM and sales of coal of 7.1 million t and 7.3 million t for the half year ended 31 December 2015.
Anglo American lost almost US$5.5 billion in 2015 despite efforts to reduce costs and improve productivity.
The World Coal Association signs a MoU with the Coal Preparation Society of India.
Isaac Plains has started production drilling, with the first blast undertaken on 11 February, after receiving regulatory approval for its plans of operations.
Ratings agency, Moody’s, has downgraded Murray Energy, reflecting the deteriorating outlook for coal in the US, as well as concerns about its affiliate, Foresight Energy.
US coal companies need speed up cuts to production if coal prices are to have any chance of turning around.
The World Coal Association has highlighted the need for international support to develop high-efficiency low-emission coal technologies in India.
BP forecast significantly slower growth in coal demand to 2035 with gas overtaking the black rock as the world’s second largest primary energy source.
Paringa Resources reports scoping study results of the Buck Creek No.2 mine show it is a key undeveloped coal project in the Illinois Basin.
Volvo CE’s new L45H and L50H compact wheel loaders are well-balanced machines, built for greater fuel efficiency and improved hydraulic flow.
Walter Energy has closed the sale of the previously-announced sale of non-core US assets to Seminole Coal Resources.
BHEL wins Rs.35 000 million order for 2 x 800 MW supercritical boilers at the Telangana super thermal power project in India.