Coal

US coal company, Westmoreland Coal, makes a profit of US$5.2 million in 1H16, despite a 2Q16 loss of US$25.4 million.

Australian Pacific Coal appoints new Non-Executive Director for the company.

Keith Cochrane will step down as Chief Executive for The Weir Group and Jon Stanton will succeed him.

Cockatoo Coal faces continued uncertainty over its future after the Queensland government said it would reassess its environmental bonding requirements.

Australian Pacific Coal has begun arrangements for the smooth takeover of the Dartbrook coal project from Anglo American.

The US Department of the Interior’s review of the federal coal leasing programme is based on “politically contrived reasoning”, says the NMA.

After reviewing environmental impacts, the Tennessee Valley Authority decides to safely and permanently store coal ash and CCR through the closure-in-place option.

In the last year, the PG Silesia coal mine has increased its performance and output with the help of FAMUR machinery.

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

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.

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

AGL Loy Yang has asked the Fair Work Commission to terminate its current workforce agreement as dispute with unions continues.

The Vice President, Investor Relations and Strategic Analysis of Teck Resources retires.

Pittsburgh-based CONSOL Energy has paid US$44 million to Southeastern Land to take two West Virginia mines off of its hands.

New Zealand coal producer, Bathurst Resources, has achieved record ROM coal production in FY2016.