Coal

Trading in shares of New World Resources has been suspended after its subsidiary, OKD, filed for insolvency.

Glencore has reported coal production was down 5.9 million t for 1Q16.

The Board of OKD has met and decided to file an insolvency petition, which has been filed with the Czech court.

New Columbia Resources receives notification from the Agencia Nacional de Mineria to accept new terms for a concession contract for high-quality premium metallurgical coal.

The Board of OKD has met today to assess the status of the discussions between the Czech government and the AHG, its current liquidity position and its imminent liabilities.

The London P&I Club has released a warning about continued problems with the carriage of Indonesian thermal coal.

Together with the China University of Mining and Technology, Carbon Energy will participate in forming a globally significant underground coal gasification research centre in China.

Teck Resources releases its 15th annual Sustainability Report, covering its performance in 2015 and progress towards its short- and long-term sustainability goals.

Consumption of steam coal used for electricity generation in the US electric power sector fell to 739 million short t in 2015, estimated the EIA.

National Mining Association President and CEO, Hal Quinn, has commented on the recent climate change agreement signing ceremony in New York City, US.

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.