Coal - 16 August 2016

BHP Billiton’s coal operations were hit by falling coal prices across the board, resulting in a loss of US$9 million in FY2016.

In what could prove a boon to local coal companies, the Tanzanian government has banned the import of coal.

BHP Billiton has announced a loss of US$6.2 billion on weak commodity prices and a US$7.2 billion writedown of its US oil and gas assets.

Foresight Energy LP has made a new appointment to its board.