Coal

Corsa Coal has seen “signs of improvement” in the metallurgical coal and steel markets.

Arch Coal has said it will cut 15% of its workforce at its giant Black Thunder mine in the Powder River Basin.

Japanese trading house, Mitsui & Co., remains committed to its investment in Vale’s Mozambique coal and logistics projects.

Appalachian coal producer, Corsa Coal, has reported substantially increased earnings from its Northern Appalachian operations, but its Central Appalachian business struggles.

Closure preparation activities are underway at all 29 Georgia Power ash ponds in the US.

Rhino Resources lost US$34 million in 4Q15 on revenues of US$39.6 million.

The Arch Coal Foundation has awarded ten West Virginia teachers the Arch Coal Teacher Achievement Award.

US coal company, Westmoreland Coal, will increase the size of its board after reaching an agreement with shareholder, Venor Capital Management.

globalCOAL has announced that three new metallurgical coal Market Members have joined its international trading community.

The West Virginia Coal Association has called on West Virginia Senator Joe Manchin to reject Marrick Garland’s nomination to the Supreme Court.

Mongolian coal company, Mongolian Mining Corp., has defaulted on a debt repayment, triggering defaults on other of its debt agreements.

Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l. agree to acquire shares of Corsa Coal Corp.

The API has criticised proposals to regulate methane emissions from the US oil and gas production as new research blames the sector for global growth in atmospheric methane.

Armstrong Energy has announced a loss of US$162 million in 2015 – but says it has enough liquidity to see it through the year.

Wescoal has said that it expects its earnings per share to jump by about 50% for the year ended 31 March 2016.