Coal

Australian Pacific Coal secures the funding necessary to purchase Marubeni Coal Pty Ltd’s 16.67% interest in the Dartbrook Joint Venture.

Anglo American reports decreases in both metallurgical and thermal coal at its Australian, Colombian and South African operations in 1Q16.

ITM Monitoring is improving efficiencies with its new automated remote monitoring systems at five of the Coal Authority’s coal mine tips in South Wales, UK.

Alliance Resource Partners L.P. has reported financial and operating results for 1Q16, stating a net income of US$47.3 million.

TNB Fuel Services Sdn. Bhd. has signed 5 long-term Contracts of Affreightment for the shipment of coal from Indonesia.

The Executive Committee of the IEA Clean Coal Centre has confirmed that the Dubai Electricity and Water Authority has become a Sponsor of the Centre.

Teck Resources Ltd has reported profit attributable to shareholders of CAN$94 million (CAN$0.16/share).

BHP Billiton CEO, Andrew Mackenzie, commented: “Over the last 12 months, we have taken a number of steps to strengthen BHP Billiton, including asset sales and the deferral of investment for long-term value.”

CNX Coal Resources LP has announced financial and operating results for the quarter ended 31 March 2016.

The University of Edinburgh, in collaboration with researchers at Yonsei University, South Korea, has developed a process that improves the production rate of high purity hydrogen.

Brazilian mining company Vale reports coal production at its Australian operations increased in 1Q16 compared to 4Q15 but Moatize production saw declines.

South32’s latest quarterly report provides an update on production guidance and indicates a strengthening of its balance sheet through focusing on value over volume.

Bowie Resource Partners has announced that Manie Dreyer, CEO of BRP, is to step down, effective end of April 2016.

Rhino Resource Partners LP has announced that it has completed a 1-for-10 reverse split on its common units and subordinated units.

Dr Lynham told Parliament that action was underway on changes to the regulation of coal dust, which causes coal workers’ pneumoconiosis.