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Coal
 
WORKER INACTION

Colombian coal mine mechanics to continue talks Weds to end strike

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Talks between mechanics at Colombia's largest coal mines, contractor Dimantec and the labour ministry will continue on Wednesday in an effort to end a 13-day strike, a union leader said. The meeting is set to begin at 10:00 am (15:00 GMT) in the...
24th July 2014
 
 
IRON-ORE/COAL

Beleaguered Cliffs posts Q2 loss, beats expectations

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US iron-ore and coal producer Cliffs Natural Resources, which is locked in a proxy fight with an activist shareholder for control of the board, on Wednesday reported a net loss for the three months ended June 30, as lower iron-ore and...
24th July 2014
 
 
COAL

Aspire signs another MoU at Ovoot

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ASX-listed coal developer Aspire Mining has signed a non-binding memorandum of understanding (MoU) with the owner of the Zavkhan power station, in Mongolia, to provide oxidised coal from the Ovoot coking coal project. The MoU covered a possible...
23rd July 2014
 
 
CAPITAL RAISING

Paringa hopes to raise cash for Buck Creek development

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Coal hopeful Paringa Resources was hoping to raise A$5-million through a share placement to institutional and sophisticated investors to accelerate the planned development at the Buck Creek coal project, in the US. The ASX-listed junior said on...
23rd July 2014
 
 
COAL

Timing 'tough' for $4.5bn Thai-Mozambique coal rail-port project

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A Thai-Mozambican consortium has set a 2018 target to commission a $4.5-billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president...
23rd July 2014
 
 
COAL

Colombian mine mechanics, gov't to seek end to 12-day strike

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Mechanics at Colombia's largest coal mines will meet on Tuesday with contractor Dimantec and representatives from the labour ministry in an effort to negotiate an end to a 12-day strike. The 3 500-strong mechanics group is demanding improved pay,...
22nd July 2014
 
 
COAL

Peabody Energy’s Q2 revenue, loss beat Wall Street expectations

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A surprise improvement in coal miner Peabody Energy’s revenue for the three months ended June helped it post a loss a share on Tuesday that beat the average estimate of 22 Wall Street analysts. The NYSE-listed miner, with operations in the US...
22nd July 2014
 
 
COAL

Bandanna resolves some Springsure Creek objections

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Coal developer Bandanna Energy was facing one less impediment to the development of its Springsure Creek coal project, in Queensland, after a second objection to the project was withdrawn. In April this year, the ASX-listed Bandanna announced...
22nd July 2014
 
 
 
 
 
 
Coal Multimedia
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