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Coal

New CEO for Cline Group

The Cline Group LLC has appointed Paul Vining as its CEO, effective immediately.

 

Sporton on the IEA’s latest World Energy Outlook

Benjamin Sporton, CEO of the World Coal Association, indicates the IEA’s latest World Energy Outlook is a reminder of the need for coal and use of clean coal technologies.

 
 

TECO Energy reports 3Q15 results

TECO Energy Inc. has reported non-GAAP 3Q15 results and indicated the quarter’s loss in discontinued operations reflects operating results TECO coal before its sale.

 
 

Is Arch Coal about to go bankrupt?

Arch Coal says it will not be able to continue to service its debt sustainably in the current market, as it announces a US$2 billion loss in 3Q15.

 
 

Alliance Resource Partners cutting coal production

Alliance Resource Partners, L.P. has announced production cuts at its higher-cost coal mines and has issued WARN notices to employees at Gibson North and Gibson South mines, as well as Onton mine employees.

 

A week in coal: 2 – 6 November 2015

A round-up of some of this week’s key news items from the international coal industry, from project developments to updates on coal mining.

 
 

Seeing results with blast furnace modernisations

New installations at SSAB’s blast furnaces in Luleå and Raahe are set to improve cost efficiency and reduce its environmental impact, as well as continue high-quality steel production.

 

North American Coal 3Q15 results

North American Coal reports coal operation results for 3Q15 and outlooks for the next quarter’s results, as well as for 2016.

 

New market members at globalCOAL

Farlin Energy & Commodities, PT Jwala Energy Resources and Verdo Energy have joined globalCOAL’s online coal trading platform.

 

New bid for Universal Coal

Universal Coal has received a conditional proposal of AUS$0.25 per share from an unnamed party and will now work towards a formal bid by the end of the month.

 

New bid for Universal Coal

Universal Coal has received a conditional proposal of AUS$0.25 per share from an unnamed party and will now work towards a formal bid by the end of the month.