Coal

Moody's says in a new report that the projected drop in coal demand from US utilities by more than 50% by 2030 will weigh on US railroads significantly. 

Mechel has signed a major contract for coke and coal supplies with Steel Mont.

The second cash payment under the funding agreement with Lind of US$50 637.38 was made on 30 August.

Corsa Coal Corp., a metallurgical coal producer, has announced that Kenneth Lund is no longer General Counsel and Vice President of Administration of the company.

The QRC has said that a long shadow has been cast over the fellow mining communities of Oakey and Toowoomba by the drawn-out saga over approvals for the New Hope Stage Three expansion.

Amarjeet Sohi, Canada's Minister of Natural Resources, has announced US$3.8 million in funding to the BIOSALIX programme, a renewable energy coal mine reclamation project near Forestburg, Alberta.

Graham Du Preez has agreed to replace Emma Oosthuizen as the Interim Chief Financial Officer of the company.

Infratil Ltd has announced the conditional sale of Perth Energy to AGL Energy Ltd, which has now been completed.

Surface mining is expected to see long-term growth according to research by Future Market Insights.

QRC has stated that Parliament should show its support for resources jobs by voting down the Greens’ Mineral Resources Amendment Bill 2018, which would outlaw mining in the Galilee Basin.

MacGregor has been awarded a turnkey project from Cochin Shipyard for four 8000 DWT bulk carrier hatch cover shipsets.

The company is pursuing the offers, subject to market conditions and other factors, as part of a refinancing initiative to accommodate the pending PRB/Colorado joint venture with Arch Coal.

Contura Energy, Inc. has announced that its Board of Directors has approved a stock repurchase plan to acquire up to US$100 million in the aggregate of the company's common stock at prices.

Mongolian Mining Corporation recently published its unaudited interim results for the six months ended 30 June 2019.

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