Winsway fails to make US$13.15 million interest payment
Winsway has announced that it has been unsuccessful in making the scheduled interest payment on its US dollar note.
Stay up to date with the latest news and updates from the coal industry.
Winsway has announced that it has been unsuccessful in making the scheduled interest payment on its US dollar note.
Despite having the second largest global reserves of coal, Russia’s coal industry failed to capitalise on the export boom that drove growth in Australia and Indonesia. But with the country’s strategic pivot east, that could be about the change.
London-listed Glencore's coal output rose by 4% in the first quarter this year from the same period a year ago.
Coal price forecasts from Australia's ANZ Bank have been revised down amid predictions of prolonged weakness in China's steel market.
China’s coal imports plunged and shipments of other commodities generally eased in comparison with the stage last year.
Hexagon Mining operations are updating its Leica Jigsaw fleet management software platform.
Suburban areas are to be targeted as well as city centres in China’s ban on coal burning as part of efforts to tackle air pollution.
Indonesia energy minister reminds Berau to lower foreign ownership.
A total of 450 000 t of coal for shipment was purchased by Korea Western Power for July via three tenders which closed on 30 April.
Bank of America has announced that it will reduce its financial exposure to coal companies.
Solid Energy has presented proposals for reducing West Coast mine operations due to losses in the financial year and predictions of further losses.
BHP Billiton shareholders have approved the demerger of South32 in simultaneous meetings in London and Perth.