Westmoreland Coal reports a steady quarter for 3Q15 with revenues increasing primarily due to the WMLP and Buckingham acquisitions and adjusted EBITDA increasing due to the WMLP and Canadian acquisitions but this was limited by poor weather conditions.
The US EPA Region 7 gave conditional approval to the State of Kansas’ plan to implement rules for the safe disposal of coal ash from coal-fired power plants.
The Board of Directors of Peabody Energy has elected Robert A. Malone to the non-executive role of Chairman of the Board, effective 1 January 2016.
Despite low costs of production, it is Indonesian producers that are doing much of the leg work to rebalance the seaborne thermal coal market.
Anglo American reports increases in export metallurgical coal production in Australia, yet thermal coal production was relatively flat. Higher production at Cerrejón helped offset lower production from South Africa.
South32 reports a small rise in Illawarra metallurgical coal production and a slight decline in South Africa thermal coal production for the September 2015 quarter.
BHP Billiton’s 3Q15 production of thermal and metallurgical coal was in line with 3Q14.
Rio Tinto’s production of hard coking coal jumped 10% in the first nine months of the year, while thermal coal output was hit by bad weather in the Hunter Valley to finish 6% down.
Universal Coal is set to increase its thermal resource base by 25% from the acquisition of the Arnot South project from Exxaro.
Vale’s coal production dropped 12.3% y/y in 3Q15 following the stoppage of production at two of its Australian coal mines in 2014.
The Springvale workforce returned to work on 16 October.
EnAppSys has found that 3Q15 saw energy generation output from Britain’s coal-fired power stations fall 54% y/y as a result of lower gas prices and increased renewable generation.
Paringa has executed its ‘cornerstone’ coal sales agreement with LG&E and KU, two of the largest fuel buyers within the Company's initial target Ohio River Market.
Nederman has received an order in China with an order value of SEK 26 million.
The Australian government has reissued an environmental permit to Adani’s Carmichael coal mine and rail development.