At least five of America’s coal producers went bankrupt in 2019. Prices for the fossil fuel have plunged 40% since a 2018 peak. And some of the nation’s largest miners are retrenching and slashing their dividends.
But don’t be mistaken: The fight a…
America’s coal country isn’t dead — it’s preparing for a comeback Read More »
As bushfires and floods fuel public concerns in Australia about global warming, the country’s powerful mining lobby is facing increasing pressure from investors to drop support for new coal mines, according to a dozen interviews with shareholders in gl…
Fires and climate fears rattle Australia’s giant coal lobby Read More »
Diversified miner Exxaro Resources has issued a request for expressions of interest (EoIs) from parties interested in potentially acquiring Exxaro Coal Central (ECC) and the Leeuwpan coal mine. This follows the conclusion of an internal portfolio revie…
Exxaro seeks buyers for ECC, Leeuwpan Read More »
Diversified miner Exxaro Resources has issued a request for expressions of interest (EoIs) from parties interested in potentially acquiring Exxaro Coal Central (ECC) and the Leeuwpan coal mine. This follows the conclusion of an internal portfolio revie…
Exxaro seeks buyers for ECC, Leeuwpan Read More »
Graham du Preez has resigned as interim CFO of TSX-V- and AltX-listed Buffalo Coal Corporation to pursue other endeavours. The coal producer on Wednesday said it was finalising the process of identifying and appointing a permanent CFO.
Buffalo’s interim CFO resigns Read More »
JSE-listed coal miner Wescoal says its Moabsvelden project implementation is progressing to plan with a contract mine having been selected.
The appointment, however, remains subject to a contract mining agreement being signed.
Wescoal advances Vanggatfontein, Moabsvelden projects Read More »
South Africa-focused coal miner Universal Coal has maintained its advice that shareholders not take any action in regards to a takeover bid from fellow-listed TerraCom, despite the suitor’s reports that its offer had garnered significant attention.
T…
Universal pleads for shareholders to hold fast Read More »
Coal miner Whitehaven Coal has reported a 30% drop in revenue for the interim period ending December, as coal prices tumbled.
The ASX-listed miner on Thursday reported that revenue for the six months under review reached A$885.1-million, down from the…
Soft coal prices tank Whitehaven profits Read More »
Coal miner New Hope has reported a 9% increase in coal production for the quarter ended January, and an 84% increase in production in the six months ended January, as the Bengalla project, in New South Wales, increased output.
Total saleable coal prod…
New Hope output picks up despite New Acland delays Read More »
Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection.
President J…
Miners welcome Indonesia’s new jobs bill that could spur coal growth Read More »
