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Coal - 09 November 2015

Is Arch Coal about to go bankrupt?

Arch Coal says it will not be able to continue to service its debt sustainably in the current market, as it announces a US$2 billion loss in 3Q15.

 
 

Alliance Resource Partners cutting coal production

Alliance Resource Partners, L.P. has announced production cuts at its higher-cost coal mines and has issued WARN notices to employees at Gibson North and Gibson South mines, as well as Onton mine employees.