
Operations resume at Deer Run Mine
Foresight Energy resumes longwall mining operations at its Deer Run Mine.
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Foresight Energy resumes longwall mining operations at its Deer Run Mine.

Fitch Ratings has downgraded Peabody Energy, indicating a default at the world’s largest private-sector coal miner is now a real possibility.

Cloud Peak Energy is in the process of moving a dragline from its Cordero Rojo mine to its Antelope mine.

CoAL reports updates on the Makhado project, the Mooiplaats colliery, the Vele colliery and the Greater Soutpansberg project. The company also reports on financial and corporate features.

US rail operator, Norfolk Southern, has suffered a 33% drop in its coal business in 2Q15.

US coal mining company has postponed its planned reverse stock split.

Allison Transmission Holdings reports net sales for 2Q15 of US$511 million. This is a 5% decrease from the same period in 2014 and is attributed to lower demand in the global Off-Highway and Defense end markets.

The Indonesian government will postpone its plan to raise royalties for the country’s coal mines due to the difficult times companies are facing with low global coal prices.

The Japanese environment minister, Yoshio Mochizuki, plans to submit a letter of opposition for two coal-fired power projects in Aichi and Chiba to the trade minister.

Rotork CVA valve actuators have been selected for a coal-mine degassing application in Australia.

Vinacomin subsidiaries have swung back to profit in 2Q15, according to reports from the Vietnamese state-owned coal mining company.

According to the latest report from the US Energy Information Agency, coal production in the US rose sharply for the week ending 18 July in comparison with the previous week. However production continues to fall short of last year.