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The latest coal news



Paringa announces updated CRE

Paringa Resources Ltd has announced an updated 328 million t coal resource estimate (CRE) for the Poplar Grove and Cypress Mines located in the Illinois Coal Basin in Kentucky, US.

 
 

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MAC: Canada at a crossroad

"Very simply, Canada is not as attractive as it used to be for mineral investment, and competition for those dollars is growing globally,” said Pierre Gratton, President and CEO, MAC.

 

Teck announces 4Q16 reports

Teck Resources Ltd has reported unaudited record 4Q16 adjusted profit attributable to shareholders of CAN$930 million.

 
 
 
 
 
 

Parker Bay Co. sees 4Q surge

Having experience a four-year contraction in large equipment deliveries early in 2016, shipments of large mobile opencast mining equipment shipped during the last calendar quarter increased by almost 30%.

 

EU emissions likely to vastly overshoot Paris Agreement

According to a new Climate Analytics report, the EU will need to phase out CO2 emissions from all of its coal plants in the next 15 years if it is to honour the Paris Agreement’s long-term temperature goals.

 

Atlantic Group announces relocation

Following the appointment of George Roskos as Director of Atlantic Carbon Group plc (ACG), the majority of ACG Directors are no resident and based in the USA.

 
 
 
 
 
 
 
 

Atrum lists its objectives for 2017

The company has plans to submit a further Small Mine Permit at the Groundhog North Project to further increase production.

 

Terex appoints next CFO

John D. Sheehan will succeed Kevin Bradley as Senior Vice President and Chief Financial Officer of Terex, as of 27 February.

 

World Coal Association reacts to Teri report

The World Coal Association says it is not credible to suggest that India can achieve universal energy access and develop its economy without coal in the next 10 years, regardless of the country’s investment in renewables.

 
 

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