Coal - 11 April 2016

While the coal industry faces difficulties, Anthony Fensom reports on reasons for optimism in the East Asian coal market.

The most recent extension to the takeover offer period for Universal Coal is to allow Coal of Africa to negotiated US$15 million loan agreement.

Kibo Mining plc has announced that the restatement of the Mbeya coal resource has now been completed.

Australian steelmaker, Arrium, has entered voluntary administration as the steel industry’s woes continue.