Coal

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.

A second agreement between the United Mineworkers of America and Bituminous Coal Operators Association is to be put to a vote, after union members rejected a first attempt.

The US Department of Labor’s MSHA has begun implementing provisions of the third – and final – phase of respirable coal mine dust rule.

Regional and rural Queensland businesses are receiving a significant financial boost from resource companies buying local.

Glencore have brought forward the closure date for its Tahmoor coal mine in New South Wales.