Coal

The mining union has urged US lawmakers to act to ensure health care and pension benefits for coal retirees in the last session of the current congress.

Higher coal prices saw Geo Energy record a profit of US$7.5 million in 3Q16.

The American Coal Council has welcomed the election of Donald Trump to the US presidency.

The World Coal Association (WCA) is calling for support of low-carbon coal technologies at COP22 in Marrakech, where the “rule book” governing the implementation of the Paris Agreement will be established.

According to the US Energy Information Administration, US coal production dropped by more than 10% in 2015 to 897 million short t.

Intra Energy Corp. Ltd has announced that its 70% owned Tancoal Energy Ltd achieved record monthly coal sales in October.

Universal Coal finalises a 7-year coal supply agreement with ESKOM for 1.2 million tpy.

Paringa Resources Ltd appoints Todd Hannigan as CEO of the company, effective immediately.

Peabody Energy enters into an agreement with South32 to sell Metropolitan coal mine for US$200 million and interest in the Port Kembla coal terminal.

Glencore has released its 3Q16 operating results, citing a total production of 91.9 million t.

Indonesian coal miner, Adaro Energy, has reported a 23% increase in core earnings for the first nine months of 2016.

Geo Energy has announced a sale and purchase of coal agreement and coal mining management service agreement with AJE, covering about 5 million t in 2017.

Westmoreland Coal, a US coal company with assets in the US and Canada, has reported record quarterly earnings in 3Q16.

CNX Coal Resources maintained year-on-year coal production levels, despite encountering difficult geology at Enlow Fork, while seeing its average realised sale price jump 9%.

Cloud Peak saw higher domestic coal shipments and a return to coal exports in its most positive quarter of the year so far.