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Coal

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Moreton Resources Enters Voluntary Administration

Wednesday, 10 Jun 2020

June 10 (Reuters) - Moreton Resources Ltd ::CO & UNITS HAVE ENTERED VOLUNTARY ADMINISTRATION.APPOINTED GRANT SPARKS AND DAVID ORR OF DELOITTE FINANCIAL ADVISORY PTY LTD AS ADMINISTRATORS OF GROUP.ADMINISTRATORS TO UNDERTAKE URGENT ASSESSMENT OF GROUP'S BUSINESS & FINANCIAL POSITION TO DETERMINE FUTURE OF BUSINESS & ASSETS.

Rhino Resource Announces Engagement Of Chief Restructuring Officer And Intention To File Form 15

Friday, 29 May 2020

May 29 (Reuters) - Rhino Resource Partners LP ::RHINO RESOURCE PARTNERS LP ANNOUNCES ENGAGEMENT OF CHIEF RESTRUCTURING OFFICER AND INTENTION TO FILE FORM 15.

Wollongong Coal Advises Creditor Schemes Of Arrangement Between Co, & Jindal Steel And Power (Australia) And Lenders Terminated

Thursday, 2 Apr 2020

April 3 (Reuters) - Wollongong Coal Ltd ::ADVISES CREDITOR SCHEMES OF ARRANGEMENT BETWEEN CO, & JINDAL STEEL AND POWER (AUSTRALIA) AND LENDERS HAVE TERMINATED.AS A CONSEQUENCE OF SCHEMES TERMINATING, FACILITIES HAVE NOT BEEN RESTRUCTURED..

Paringa Resources Says Unit Retained FTI Consulting To Perform Review Of Hartshorne's Near-Term Financial Outlook

Tuesday, 7 Jan 2020

Jan 8 (Reuters) - Paringa Resources Ltd ::UNIT RETAINED FTI CONSULTING, INC. TO PERFORM A REVIEW OF HARTSHORNE'S NEAR-TERM FINANCIAL OUTLOOK AND OPERATIONAL PERFORMANCE.UNIT DECIDED TO DEFER PAYMENT OF DECEMBER 31, 2019 QUARTERLY INTEREST AND FEES REQUIRED UNDER ITS TERM LOAN FACILITY OF US$1.5 MILLION.TRIBECA ISSUED LETTER TO UNIT HARTSHORNE AND CO TO NOTIFY EVENT OF DEFAULT AND RESERVING ITS RIGHTS IN RESPECT OF SUCH DEFAULT.

Southgobi Resources Reports Q3 Loss Per Share Of $0.01

Wednesday, 13 Nov 2019

Nov 13 (Reuters) - SouthGobi Resources Ltd ::SOUTHGOBI RESOURCES ANNOUNCES THIRD QUARTER 2019 FINANCIAL AND OPERATING RESULTS.SOUTHGOBI RESOURCES LTD QTRLY LOSS PER SHARE $0.01.SOUTHGOBI RESOURCES LTD - QTRLY REVENUE $28.3 MILLION VERSUS $26.3 MILLION.SOUTHGOBI RESOURCES LTD - QTRLY SALES VOLUME 0.8 MILLION TONNES VERSUS 0.7 MILLION TONNES FOR Q3 OF 2018.SOUTHGOBI RESOURCES LTD - QTRLY AVERAGE REALIZED SELLING PRICE IS $35.0 PER TONNE.SOUTHGOBI RESOURCES LTD - GROWTH IN DEMAND FOR COAL IN CHINA IS EXPECTED TO DECLINE GRADUALLY IN LONG RUN.SOUTHGOBI RESOURCES LTD - REMAINS CAUTIOUSLY OPTIMISTIC REGARDING CHINESE COAL MARKET.SOUTHGOBI RESOURCES LTD - "COAL WILL CONTINUE TO BE PRIMARY ENERGY SOURCE WHICH CHINA WILL RELY ON IN FORESEEABLE FUTURE".SOUTHGOBI RESOURCES-UNLESS CO ACQUIRES ADDITIONAL SOURCES OF FINANCING AND/OR FUNDING IN SHORT TERM, ABILITY TO CONTINUE AS GOING CONCERN IS THREATENED.SOUTHGOBI RESOURCES-IF CO IS UNABLE TO CONTINUE AS A GOING CONCERN, IT MAY BE FORCED TO SEEK RELIEF UNDER APPLICABLE BANKRUPTCY, INSOLVENCY LEGISLATION.SOUTHGOBI RESOURCES- AS AT NOV 13, THE COMPANY HAD $2.6 MILLION OF CASH.SOUTHGOBI RESOURCES- EXPECTED BENEFIT FROM REDUCED SUPPLY OF LOW QUALITY COAL IN CHINA ARE ANTICIPATED TO BE OFFSET BY UNCERTAIN CHINESE MACROECONOMIC ENVIRONMENT.SOUTHGOBI RESOURCES LTD - INTENDS TO DISCUSS A POTENTIAL DEBT RESTRUCTURING PLAN WITH RESPECT TO AMOUNTS OWING TO A UNIT OF OF CIC.

Corsa Coal Says Matthew Schicke Is No Longer Chief Commercial Officer

Tuesday, 15 Oct 2019

Oct 15 (Reuters) - Corsa Coal Corp ::CORSA COAL PROVIDES MANAGEMENT UPDATE.CORSA COAL CORP - MATTHEW SCHICKE IS NO LONGER CHIEF COMMERCIAL OFFICER.CORSA COAL CORP - CHIEF COMMERCIAL OFFICER POSITION HAS BEEN ELIMINATED AS PART OF REORGANIZATION.

China Shenhua Energy Co Announces Regarding 2019 Capital Operation Plan

Thursday, 25 Apr 2019

April 25 (Reuters) - China Shenhua Energy Co Ltd <601088.SS>::ANNOUNCES REGARDING 2019 CAPITAL OPERATION PLAN.AUTHORISED TO CONDUCT CAPITAL OPERATION VALUE OF TRANSACTIONS AT ANY TIME SHALL NOT EXCEED RMB40 BILLION.

Hawkstone Mining Says Expects To Reduce Administrative Costs

Sunday, 10 Feb 2019

Feb 11 (Reuters) - Hawkstone Mining Ltd ::CO EXPECTS TO REDUCE ADMINISTRATIVE COSTS ASSOCIATED WITH MAINTAINING LARGE NUMBER OF SMALL SHAREHOLDINGS.

Miranda Mineral Reports HY Basic And Headline Loss Of 0.29 Cents

Monday, 5 Nov 2018

Nov 5 (Reuters) - Miranda Mineral Holdings Ltd ::BASIC AND HEADLINE LOSS OF 0.29 CENTS PER SHARE FOR SIX-MONTH PERIOD ENDED 28 FEBRUARY 2018.RESTRUCTURING EXERCISE, LAUNCHED IN FEBRUARY 2017, IS NOW IN ITS FINAL STAGES.TARGETED Q1 OF 2019 TO APPLY TO JSE TO RE-INSTATE LISTING OF UNION ATLANTIC SHARE ON JSE AND TO RE-FINANCE COMPANY.MANAGEMENT REMAIN CONFIDENT THAT WE WILL BE ABLE TO DELIVER ON OUR STRATEGY INITIATED IN FEBRUARY 2017.

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