Coal

Peabody Energy reported its biggest loss ever after writing down more than half the value of its North Antelope Rochelle mine in Wyoming.

The largest US coal producer took a $1.42-billion impairment charge on the sprawling surface operation, leading t…

North Korea is jump-starting the illegal export of coal after shutting down almost all shipments during the first few months of the year while it sought to block the spread of the coronavirus, according to a confidential United Nations report.

Althoug…

Aim-listed Edenville has confirmed that operations at the Rukwa coal project in southwest Tanzania restarted on August 3, as planned. The company notes that the mine area suffered minimal damage from the protracted rainy season, which came to an end wh…

There is an expectation of price recovery in the market, as demand for power grows alongside the loosening of Covid-19 restrictions, and as more producers hold back supply. In Europe, coal burn is likely to remain weak through 2020 but will be offset b…

Global coal-fired power capacity edged down for the first time on record in the first half of 2020 as retirements accelerated and the coronavirus saw new projects put on hold.

The closing of plants, especially in Europe and the US, outpaced the start …

JSE-, ASX and Aim-listed MC Mining has experienced a challenging June quarter, troubled by low coal volumes and prices.

The company’s Uitkomst colliery, in KwaZulu-Natal, did not produce run-of-mine (ROM) coal in April, while being limited to 50% lab…

Canada-based Allegiance Coal has secured up to A$8-million in funding through a convertible note issue to investment fund Mercer Street Global Opportunity Fund.

The ASX-listed company on Friday said that this was the first leg of funding to return the…

Diversified miner Anglo American has unveiled plans to restart operations at its Grosvenor mine, in Queensland, by the second half of 2021.

The operation was halted in May this year after five workers were injured during an explosion at the operation.

Aim-listed Edenville Energy says the restart of operations at its Rukwa coal project, in southwest Tanzania, has been brought forward to August 3. Edenville has entered into a coal mining agreement and a loan agreement with its new strategic partner In…

NYSE-listed coal miner Arch Resources (Arch) has reported a net loss of $49.3-million, or $3.26 a diluted share for the three months ended June 30, compared with net income of $62.8-million, or $3.53a diluted share in the corresponding period.

Arch re…