Coal India’s monthly coal production was 21% below its target as the state-owned mining company is asked to tailor production to weaker-than-expected demand.
Coal - 02 September 2016
Russian coal company, Raspadskaya, has announced a profit of US$49 million compared to a US$8 million loss in 1H15.
Recent rises in metallurgical coal prices will boost Stanmore’s coal sales revenues, as the mining company moves to steady-state production at Isaac Plains.
Rio Tinto completes sale of its stake in the Zululand anthracite mine in South Africa to Menar Holding.