RECENT NEWS  Jul 1  Comment 
WASHINGTON (dpa-AFX) - Coal producer Peabody Energy (BTU) on Wednesday said it has named longstanding financial executive Amy Schwetz to executive vice president and chief financial officer. Schwetz replaces Michael Crews, who has announced...
Financial Times  Jun 17  Comment 
UK regulator criticises coal producer formerly known as Bumi  May 23  Comment 
WASHINGTON (dpa-AFX) - Arch Coal Inc. (ACI) has tapped restructuring advisers to explore ways to reduce its multibillion-dollar debt load, the Wall Street Journal reported Friday, citing people familiar with the matter. The St. Louis,...
Reuters  Apr 29  Comment 
Poland's JSW, the European Union's biggest coking coal producer, plans to reduce staff numbers and production costs to bolster its finances, its new chief executive said on Wednesday.
Reuters  Apr 16  Comment 
Energy trader Gunvor has sold its 30 percent stake in Russian coal producer Kolmar, the Swiss-based trader said on Thursday.
Reuters  Mar 20  Comment 
JSW, the European Union's biggest coking coal producer, said record low coal prices and losses from a strike this year will force it to cut costs further, curb investment and fight for financing.
Reuters  Mar 2  Comment 
Polish coal producer Kompania Weglowa is to cut costs, boost output and strengthen its finances as part of a government restructuring plan to help the company produce a core profit of 2 billion zlotys ($540.42 million) in 2017.
Reuters  Feb 14  Comment 
Miners at the European Union's biggest coking coal producer JSW agreed to suspend the strike following the chief executive's announcement that he will resign, JSW's spokeswoman said on Saturday.
Reuters  Feb 13  Comment 
Shares in the European Union's biggest coking coal producer JSW surged as much as 11 percent on Friday after the firm's chief executive offered to resign, a move that could end a paralyzing strike.


In the U.S., more than 90% of coal is used for the purpose of generating electricity and almost half of all electriity in the country comes from burning coal. [1]

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