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Mining

 
 
 
 

Mastermyne Group revenue up on previous year

Underground coal contractor, Mastermyne Group, has announced its half year results, reporting a 28% increase in revenue for 1H16 compared to the previous year.

 
 
 
 

Weekly coal news highlights: 8 – 12 February 2016

A round-up of some of this week's key news items from the international coal industry, from the latest mining updates to outlooks on the US Supreme Court stay of the Clean Power Plan.

 
 

Optimum purchase approval recommended

The South African Competition Commission has recommended the purchase of Optimum Coal by Tegata Exploration and Resources be approved.

 
 
 

Tinkler resigns as CEO of Australian Pacific Coal

Australian Pacific Coal’s CEO, Nathan Tinkler, has resigned following a Federal Court of Australia judgment that removes his ability to carry out his current roles.

 

Several Alliance Coal mines face layoffs

Approximately 75 employees could loose jobs at River View Coal and White County Coal, as well as 200 temporary layoffs at Hamilton County Coal, as a result of reducing operational units.