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Coal - 11 August 2016

Corsa sees revenues halve in 2Q16

Corsa Coal’s revenues fell significantly in 2Q16 on the back of lower pricing and production cuts at its Northern and Central Appalachian mines.

 

Peabody announces five-year business plan

Bankrupt US coal miner Peabody Energy has received approval of its five-year business plan from its debtor-in-possession financing lenders – a plan predicated on growing coal demand.