Anglo profits hit by low coal prices
Anglo American has reported that a drop in coal prices has had a considerable impact on company profits.
Anglo American has reported that a drop in coal prices has had a considerable impact on company profits.
BHP Billiton has announced strong financial results for the December 2013 half year.
The Indian coal ministry has cancelled 10 coal blocks, following recommendations from a ministerial panel.
Positive south block coal quality results at Jameson Resources’ Crown Mountain metallurgical coal project.
Canadian Dehua International Mines Group has discovered a coal field estimated to have 7 billion tons of reserve in west Canada.
South African miner Continental Coal has received US$ 4.48 million in bridge funding to help pay creditors.
US prosecutors have begun an investigation into the coal ash spill at Duke Energy’s Dan River power plant in North Carolina.
Terrorist attacks on Colombia’s largest coal producer, Cerrejon, increased to record levels in 2013.
Cloud Peak Energy has recorded lower coal shipments for Q4 2013 due to severe weather and weak rail service.
India is considering importing coking coal from Poland to guard against price increases and relying too heavily on Australia.
New World Resources has posted a net loss of €466.1 million in the fourth quarter of 2013, largely due to a massive impairment charge.
Cockatoo Coal Ltd has acquired a 90% interest in Blackwood Corp Ltd and will soon acquire remaining shares.
New Age Exploration to continue exploration at Lochinvar coal project.
Alpha Natural Resources has recorded a fourth quarter 2013 net loss of US$ 359 million.
US coal production dropped to its lowest levels in 20 years in 2013.