Coronado Cuts Coal-Output Guidance on Twin Setbacks
By David Winning SYDNEY-Coronado Global Resources cut its annual coal production guidance and forecast higher-than-expected mining costs after encountering...
Source: marketwatch.com
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ASX CRN: Coronado major shareholder EMG sells to acquisitive Czech group Sev.en Global Investments
The American private equity group that created Coronado Global Resources has finally lost patience with Australian investors disinterest in coal stocks.
Source: afr.com
Czech Investment Group Sev.en Buys Majority Stake in Coal Miner Coronado -- Update
By Rhiannon Hoyle Sev.en Global Investments, a Czech investment group owned by billionaire Pavel Tykac, has agreed to buy a 51% interest in coal miner...
Source: marketwatch.com
Hancock hits out the policy barriers to export growth
Hancock executive director Tad Watroba said the world will need more iron ore than ever to hit global targets in renewable energy, but government policies were a barrier to production.
Source: afr.com
ASX CRN: Coronado hunting to spend coal cash on M&A
The Australian-American metallurgical coal miner didn’t rule out speculation it was in the market for two of BHP’s mines in Queensland.
Source: afr.com