Bowen Coking Coal (BCB.AX) seems to be determined to increase the current resource of 43 million tonnes on its Hillalong coking coal project in Australia as the company has kicked […]
Tag: #Coal
MC Mining signs offtake agreement with ArcelorMittal
MC Mining (LON:MCM) has completed an offtake agreement with ArcelorMittal South Africa which will use the Makhado mine as its domestic supplier for steel as until now, it had to […]
Wesfarmers sells the Curragh coal mine
Wesfarmers (ASX:WES) has signed an agreement with the Coronado Coal Group to sell the Curragh coal mine in Queensland for A$700M, resulting in an after-tax profit of approximately A$100M. The […]
Colonial Coal: a great maiden resource estimate at Flatbed, but the market doesn’t care
Back in November, Colonial Coal (CAD.V) released the long-awaited maiden resource estimate for its Flatbed coal project in British Columbia. This initial resource unveiled a total resource of 298 million […]
Bowen Coking Coal expands its project portfolio
Bowen Coking Coal (ASX:BCB) has entered into a definitive agreement to purchase the Isaac River coking coal project in Australia for a total of just A$200,000 in cash. This project […]
Paringa Resources reduces Poplar Grove pricing risk
Paringa Resources (ASX:PNL) is now accelerating the development at its Poplar Grove coal mine in the USA’s Illinois Basin. Meanwhile, the company has now fixed the pricing and the timing […]
Saturday Read: The SEC sues Rio Tinto – Always be skeptical about management projections
Earlier this month, the SEC sued Rio Tinto (RIO), Tom Albanese (Rio’s ex-CEO) and Guy Elliott (Rio’s ex-CFO) on alleged fraud related to the acquisition of Riversdale Resources in 2011 […]
Paringa Resources will be boosted by Trump’s new energy policy
Paringa Resources (ASX:PNL) has expanded its bankable feasibility study to include the second coal seam at the Poplar Grove Mine. Adding this seam resulted in an increased production rate of […]
