Polish coal miner slashes production forecast amid restructuring
Announcement comes as Polish authorities work on a plan to group its loss-making mines into a “bad” or a “good” unit.
Latest Stories
Hundreds strike at Glencore’s coal mine in South Africa
Workers downed tools Friday after talks over the structuring of packages for employees who face lay offs hit a roadblock.
TECO Energy sells coal subsidiary for $170 million
The sale price includes future payments of $50 million if certain coal benchmark prices reach specified levels over the next five years.
Peabody swings to loss as coal prices plunge
While coal sales have shown some signs of a rebound, low natural-gas prices continue to pressure the fossil fuel demand and pricing.
One of these five companies will run the gold fix
Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange jointly with Thomson Reuters, U.S. derivatives bourse Intercontinental Exchange, the London Metal Exchange and broker ICAP's online platform EBS will present their proposals this Friday.
Mining investment in Kazakhstan to reach $30bn by 2017
The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.
Russian freighter, adrift off BC, towed to port
A Russian container ship that lost power and was drifting dangerously close to a rocky coast off northern British Columbia, is safe and being towed to port for repairs.
Coal central to pivotal Kentucky Senate race
Eastern Kentucky could play a deciding role in a Senate race seen as important to establishing control of the United States Congress in upcoming mid-term elections.
Energy capital raises in 2014: Midstream, power sectors continue to bolster YTD raises
As of Oct. 10, the energy industry had raised approximately $71.65 billion of senior debt, $20.85 billion of common equity, $3.73 billion of subordinated debt, $1.66 billion of preferred equity and $275 million of subsidiary trust preferred in 2014.
