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Major new coal projects unlikely to be profitable: Goldman Sachs

Cecilia Jamasmie | May 29, 2014 | 11:40 am Energy Top Companies Asia Australia China Europe Coal Iron Ore 

[caption id="attachment_784636" align="aligncenter" width="600"] Group of coal miners, Williamson, October 1935. Image by Ben Shahn.[/caption] Australian thermal coal miner New Hope (ASX:NHC) said Thursday it is axing 5% of its workforce, or 30 jobs, at its West Moreton mine and...

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