Coal

The Supervisory Board of thyssenkrupp extends Dr Donatus Kaufmann’s contract by five years.

Following its expansion across Asia, RC Inspection Group’s office and laboratory based in Ulaanbaatar has changed its operational name to RC Inspection Asia Assayers.

As stated in a recent survey by Timetric’s Mining Intelligence Centre (MIC), GEOVIA’s Surpac is the most widely used mining software across African mines.

Hume Coal will not appeal against Justice Preston's Ruling in the NSW Land and Environment court.

Alpha Natural Resources has cancelled its proposed auction of its coal assets after it did not receive any qualified bids beyond the US$500 million stalking horse bid.

Corsa Coal expects January 2016 to mark the bottom of metallurgical coal prices as a positive demand outlook and cuts to supply provide a long-needed boost.

Corsa Coal announced a reduced loss of US$8.3 million in 1Q16 on the back of cost reductions across its operations.

Phibro Group acquires coal gasification plant in Indiana and intends to repurpose it for fertilizer production.

Australian Pacific Coal is to acquire 100% of the Dartbook Joint Venture after Marubeni Coal opted to sell its minority stake.

Marubeni, Komipo, Samtan, and IMEI agree to develop the Cirebon 3 coal-fired power plant project in Indonesia.

The US Bankruptcy Court for the Eastern District of Missouri has approved Peabody’s US$800 million debtor-in-possession financing facility, allowing the company to continue day-to-day operations.

TerraCom continues to review opportunities to buy mining operations in Indonesia and Queensland to help boost cash flow.

TerraCom has completed its debt restructuring after negotiations with its financiers.

Coal of Africa has reached agreement with Rio Tinto and Kwezi Mining over the outstanding payments due on the Chapudi Coal assets.

Peter Kane, CEO of troubled coal mine, Cockatoo Coal, has been provided notice of termination by the company’s administrators.