The fast-spreading coronavirus pandemic is affecting US coal operations, with two companies on Monday announcing that they would idle operations in response to Covid-19, which has hit the global economy hard.
NYSE-listed Consol Energy said it would cu…
US coal mines hit by virus pandemic Read More »
Coronado Global Resources said on Monday it will temporarily halt metallurgical coal output from its U.S. operations due the global economic fallout of the coronavirus pandemic but will meet its current commitments.
Operations at its other mine in Aus…
Australia’s Coronado to idle US operations as virus trips global economic growth Read More »
ASX-listed Allegiance Coal has entered into a $25-million loan term sheet with credit asset manager Nebari Natural Resources Credit Fund, which could contribute to the capital required to start up the New Elk mine, in Colorado.
The loan will have a 36…
Allegiance secures loan for New Elk restart Read More »
JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19…
Exxaro applies to continue supplying coal to Eskom Read More »
JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19…
Exxaro applies to continue supplying coal to Eskom Read More »
US domestic demand for thermal coal will fall during the second quarter of the year as individual states shut down much of the industrial economy to try and stem the spread of Covid-19.
This is according to Moody’s Investors Service, which states tha…
Covid-19 to further weaken US coal demand in an already diminishing market Read More »
Coal miner MC Mining has suspended production at its South African coal operations, as a 21-day nationwide lockdown comes into effect. “MC Mining supports all measures to limit the impact of Covid-19 and the lockdown has impacted our Uitkomst Colliery,…
MC Mining halts mining Read More »
The importance of providing energy to South Africa during the 21-day lockdown period to curb the spread of Covid-19 cannot be overstated, making the companies that supply State-owned utility Eskom with coal the energy sector’s lifeblood, says coal mine…
Lurco outlines six strategies for coal operations to manage Covid-19 Read More »
JSE-listed Exxaro Resources has been approved for a secondary listing on A2X Markets from April 2. Exxaro is a black-empowered miner in South Africa, with an asset portfolio of coal operations and investments in iron-ore, pigment manufacturing, renewab…
Exxaro approved to list on A2X Read More »
Poland’s climate ministry has allowed State-run energy group PGE to extend operations at its open-pit lignite coal mine in Turow by six years, a decision likely to dismay environmental campaigners. Poland generates most of its electricity from coal and…
Poland allows PGE to extend brown coal production in Turow Read More »
