Coal

The Cerrejón mine in Colombia selects EnviroSuite to help it reduce environmental impacts in nearby communities and help improve safety and production outcomes.

Energy Resources awards Thiess a four year contract extension at the Ukhaa Khudag coal mine in Mongolia.

US coal company, Armstrong Energy, has recorded a 2Q16 loss of US$15 million on the back of weak sales and falling prices.

Glencore has reported reductions in its production in its 1H16 production report, with coal coming in at 14% lower than in 2H15.

Paringa Resources appoints Rick McCormick, an experienced US coal executive, as a Non-Executive Director of Paringa.

Vivek Bhatia has been appointed CEO of thyssenkrupp Asia Pacific.

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

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.

Westmoreland Coal Co. has appointed Jeffrey S. Stein to its board of directors.

TerraCom has finalised a US$1 million share placement with a Hong Kong private investment company.

The Indian government has set a target production of 724.71 million for FY2017.

Coal of Africa is still evaluating opportunities to acquire as cash-generating asset to boost cash flow during construction of the Makhado project.

White Energy is close to an agreement with a major South African coal producer to install a binderless coal briquetting plant at one of the miner’s sites.

US coal production hit a 2016 peak of 16.1 million short t in the week ending 31 July, according to date from the Energy Information Administration.

The legislation coming out of the Queensland Parliament is a big concern to resource company CEOs according to Queensland Resources Council survey.