Coal - 08 March 2016

Alpha Natural Resources has filed a proposed restructuring plan, which includes the sale of its core assets and the refocusing of the business on fulfilling reclamation obligations.

Coal of Africa and its subsidiary have been accused of breaching payment obligations relating to its 2010 acquisition of the Chapudi coal project.

Stanmore Coal has signed an significant offtake agreement for Isaac Plains semi-soft coking coal with a major East Asian steel producer.

Shareholders representing 53.2% of Universal Coal’s shares have accepted Coal of Africa’s takeover bid.

Rio Tinto has reported increases at Rio Tinto Coal Australia’s mineral resources and ore reserves in New South Wales and Queensland, Australia.