Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal prices.
Profits for the six months under review declined from the A$120.2-million reported in the previous corresponding…
Falling prices lowers New Hope profits Read More »
Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal prices.
Profits for the six months under review declined from the A$120.2-million reported in the previous corresponding…
Falling prices lower New Hope profits Read More »
Coal mining company Exxaro Resources, which acknowledges coal’s negative impact on climate in a 20-page publication just released, expresses the view that a just transition to a low-carbon future should inform global climate action. “If we don’t take c…
If we don’t take climate change seriously, God help us – Mxolisi Mgojo Read More »
Russian businessman Albert Avdolyan has reached an agreement to buy a 49% stake in the major Elga coal project in Russia from Russian lender Gazprombank, the bank said in a statement on Monday. Avdolyan’s company A-Property is still in talks to buy the…
Russian tycoon buys 49% of Elga coal project, talks to Mechel on 51% Read More »
Coal miners including Consol Energy and Contura Energy must shutter their operations in Pennsylvania after the governor ordered “non-life-sustaining” businesses to close.
The order took effect Thursday night, according to a statement from Governor Tom…
Pennsylvania coal mines must shut down, governor orders Read More »
Foresight Energy filed for bankruptcy with plans to hand ownership to its creditors, becoming the latest coal company to fail as power generators switch to cleaner and cheaper fuels.
The filing in US Bankruptcy Court for the Eastern District of Missou…
Foresight Energy is latest US coal miner in bankruptcy Read More »
MC Mining implemented optimisation initiatives at the Uitkomst Colliery during the six months to December 31, which yielded very positive results, with run-of-mine (RoM) coal production increasing by 11% year-on-year, acting CEO Brenda Berlin said, rel…
MC Mining says optimisation initiatives bearing fruit Read More »
Black-controlled diversified resources group Exxaro, which created 746 jobs and supported 30 small, medium-sized and microenterprises in the twelve months to December 31, reported a R235-million top-line 2019 increase, raised its dividend payout and li…
Exxaro lifts dividend, creates 746 jobs, supports 30 enterprises Read More »
Black-controlled diversified resources group Exxaro, which created 746 jobs and supported 30 small, medium-sized and microenterprises in the twelve months to December 31, reported a R235-million top-line 2019 increase, raised its dividend payout and li…
Exxaro lifts dividend, creates jobs, supports enterprises Read More »
Private investment and management company Menar is doing due diligence on thermal coal assets that have been placed on the market by companies wishing to offload them out of their portfolios. “If we get a good deal, we’ll look at making acquisitions,” …
Menar doing due diligence on thermal coal assets being offloaded Read More »
