White Energy future uncertain after 2H15 loss
White Energy is facing an uncertain future after recording a half-year loss of ASU$31.8 million after taking an AUS$10 million impairment charge on its US coal mining business.
Coal - 01 March 2016
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Rio Tinto sells Bengalla coal interest for US$616.7 million
Rio Tinto completes the sale of its 40% interest in Bengalla coal Joint Venture for US$616.7 million.
New Hope coal production drops
Australian coal company, New Hope Corp., produced 1.167 million t in the three months to 31 January 2016, a fall of almost 16%.