CNX Coal Resources LP, Consol Energy Inc's thermal coal business formed as a master limited partnership, has filed for an initial public offering with U.S. regulators.
The fundraising target of the filing is a nominal US$250 million.
The amount of money a company says it plans to raise in its first IPO filings is used to calculate registration fees. The final size of the IPO could be different.
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Rio Tinto has reiterated its determination to ensure that the destruction of heritage sites of exceptional archaeological and cultural significance, such as the Juukan rockshelters, never occurs again.
Diversified US fuel producer, CONSOL Energy, has agreed sale of two coal assets in Canada for a total of US$ 127 million. The sale of these properties is part of an ongoing strategy sell non-core assets, which is expected to continue in 2013.
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