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Coal - 29 July 2016

Cloud Peak announces 2Q16 profit

Cloud Peak returned to profit in 2Q16, making US$35.3 million. But its operations remain cashflow negative.

 

Anglo remains in the red on coal writedown

Anglo American’s run of losses continued in 1H16 after the company took a US$1.2 billion writedown of its Australian metallurgical coal assets.

 

Changes boost protections for coal miners

Natural Resources and Mines Minister Dr Anthony Lynham announces developments to helping tackle the re-emergence of coal workers’ pneumoconiosis.