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CNX Coal Resources LP launches initial public offering

Monday, 15 Jun 2015 05:22pm EDT

CNX Coal Resources LP:Launched its initial public offering of 10,000,000 common units.BofA Merrill Lynch, Wells Fargo Securities, Citigroup, Jefferies, Scotia Howard Weil, Credit Suisse, J.P. Morgan, Evercore ISI, BB&T Capital Markets, Goldman, Sachs & Co., The Huntington Investment Company, Stifel and Nomura are acting as book-running managers of the offering.

Anhui Hengyuan Coal Industry and Electricity Power appoints officers

Friday, 12 Jun 2015 08:00pm EDT

Anhui Hengyuan Coal Industry and Electricity Power Co Ltd:Appoints Qian Xuesen as general manager.Appoints Sun Xiren as CFO.

Power Capital Global Ltd announces cessation of business

Friday, 12 Jun 2015 02:00am EDT

Power Capital Global Ltd:Says that it was undertaking a strategic review of its Asia-based natural resources trading and logistics business in the light of adverse market conditions.Board has not detected any improvement in market conditions and it considers that there is little prospect of an improvement in the foreseeable future.Board has therefore now concluded that the Company should exit this business with immediate effect.

Wildhorse Energy Ltd completes acquisition of 100 pct. of Australia Salt Lake Potash Pty Ltd

Thursday, 11 Jun 2015 09:29pm EDT

Wildhorse Energy Ltd:Says that it has now completed its acquisition of 100 pct. of Australia Salt Lake Potash Pty Ltd (ASLP).

Citation Resources Ltd to acquire interest in tyre recycling company Pearl Global (Pty) Ltd

Thursday, 11 Jun 2015 09:13pm EDT

Citation Resources Ltd:Enters into heads of agreement with Pearl Global Pty Ltd pursuant to which the company has right to earn and acquire an initial 40 pct. shareholding interest in Pearl (HoA).

Coalspur Mines Limited approves scheme of arrangement

Tuesday, 9 Jun 2015 11:56pm EDT

Coalspur Mines Limited:Says it has approved the scheme of arrangement pursuant to which KC Euroholdings S.à r.l. will acquire all of the ordinary shares in Coalspur.Expects that a copy of the Court's orders will be lodged with the Australian Securities and Investments Commission tomorrow, at which time the Scheme will become legally effective.Says its shares will be suspended from trading on the Australian Securities Exchange and the Toronto Stock Exchange at the close of trade on June 11.

Peabody Energy Corp announces leaner corporate structure with planned reduction of about 250 salaried positions

Monday, 8 Jun 2015 12:38pm EDT

Peabody Energy Corp:Plans to reduce about 250 corporate and regional positions in coming months to create a leaner organization and lower costs.When fully implemented later this year, these reductions are expected to save $40 million to $45 million per year.Reductions represent about 25 percent of corporate and regional support positions, and the majority of reductions are expected to occur in the second quarter.Actions also include delayering of organization and closing of offices in Evansville, Indiana and Gillette, Wyoming.In addition, company is undertaking a review of shifts, scheduling and mine planning at operations in Australia to determine optimal production levels.


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Analyst Research

Report Title Price
Provider: Edison Investment Research
Provider: Edison Investment Research
Provider: Edison Investment Research
Provider: Edison Investment Research
Provider: Edison Investment Research

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