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Coal

Kellingley Colliery closes

Miners at the UK’s last deep coal mine, Kellingley Colliery, will end their final shift on Friday 18 December, leaving behind an estimated 30 million t of recoverable coal.

 
 
 

Blakefield North put on hold

Glencore has announced that its proposed Blakefield North underground coal project has been placed on hold.

 
 
 

New BMA Hay Point coal terminal boosts Queensland's coal exports

Annastacia Palaszczuk has announced it has officially opened the new third berth at BHP Billiton Mitsubishi Alliance’s (BMA) Hay Point Coal Terminal, which increases the export capacity from 44 million tpy to 55 million tpy.

 

Arch Coal delays interest payments

Arch Coal will defer US$90 million of interest payments under a 30-day grace period clause in its indenture agreements.

 

Not a pretty picture

Bank of American Merrill Lynch expect coal prices to continue to fall in 2016 as supply and demand trends keep the market in surplus.

 
 

US coal output to continue to fall in 2016

US coal production will fall by a further 3% in 2016 after a drop of almost 100 million t in 2015, according to the EIA’s latest Short-Term Energy Outlook.

 
 

COP21 and the coal industry

The UN climate change conference (COP21) ended a day late with the adoption of the Paris Agreement. Here’s what it means for coal.

 

Rhino Resource to delist from NYSE

Rhino Resource Partners is to delist from the New York Stock Exchange after its share price and market capitalisation fell below NYSE standards.

 

A week in coal: 7 – 11 December 2015

A round up of the week’s coal news from huge job cuts at Anglo American to the honouring of the world’s cleanest coal-fired power plants at this year’s Advanced Energy for Life Awards.