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Mining - 13 August 2015

Whitehaven writedown hits bottom line

An AUS$355 million writedown on early-stage exploration assets hits an otherwise solid set of annual results from Australian production, Whitehaven Coal.

 

The end of the road for Solid Energy?

The board of New Zealand’s state-owned coal mine, Solid Energy, has placed the company into voluntary administration and proposed to sell its assets off over the next two and a half year.