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...But its speciality business agreed to insure thermal coal mining company Global Mining Holding Company, LLC, and its subsidiary Signal Peak Energy for up to $2mn, for the two years to November 2023, according...
...The company, which denies Hindenburg’s allegations, pulled out of purchasing a $847mn coal power plant in India in February and has since refrained from making new deals....
...Ark has doubled down on many of its holdings, snapping up more shares in crypto exchange Coinbase, and adding to its holdings in the Grayscale Bitcoin Trust and crypto-focused lender Silvergate Capital....
...“We do have alternatives for iron ore and coal. Poland is still a big producer of coal. We can get iron ore from Australia, Brazil....
...Just last week ABP, the huge Dutch pension fund, said it was dumping €15bn in fossil fuel holdings, including Shell, because it no longer saw the point of working with such companies on decarbonisation....
...Jeb Bush, the ex-governor of Florida, has joined the board of IHS Holding, the telecommunications infrastructure group, as one of two new independent directors....
...MinterEllison, the Sydney-based law firm, an analytical tool helped to resolve a highly complex, very public dispute — in which claims totalled A$1.1bn — between the consortium behind the Wiggins Island Coal...
...It is plain, especially in hindsight, that as early as 2000, the crisis was an all but dead cert, with timing the only unknown....
...As one of the most dynamic businessmen in America — he founded real estate investment behemoth Chestnut Holdings LLC, and was an early investor in designer Tory Burch — he’s more than just a backer....
...Drax, which owns the UK’s largest power station, has switched course over recent years to steel itself for a post-coal future....
...Corporate earnings reports out today include Fujifilm, Wheelock, Coal India, Newcrest Mining, Ansell, WH Group and Cyberdyne....
...massive rise in the coal price.”...
...A senior White House official said the administration is holding regular discussions about Westinghouse since the company entered Chapter 11 bankruptcy proceedings in March....
...“Out came the drinks,” says Mr Hammett, who had just started working at CIN Management, a fund responsible for the pensions of Britain’s coal miners....
...The odd coal station could be brought back on stream and diesel generators brought into use. But when a significant proportion of total supply is at risk applying sticking plasters won’t work....
...Biffa was founded as a business serving London’s coal-fired power stations 100 years ago....
...On Japan’s Topix oil & coal production index, the best performers were Fuji Oil (4.4 per cent), Cosmo Energy Holdings (3.3 per cent) and JX Holdings, a holding company for a number of subsidiaries in exploration...
...Since the deal, the price of thermal coal has collapsed....
...“There’s a whole bunch we’re investing in because we think you can make quite a bit of money,” he said, citing Dynegy, Seadrill, and the former TXU, renamed Energy Future Holdings....
...It subsequently placed the holding into a new company with China Investment Corp, the sovereign wealth fund....
...The Presidio deal “may not be the canary in the coal mine generally but it is the canary in the coal mine for new issuers and names that are a bit dicier,” said the head of capital markets at one big private...
...In Shanghai, Shaanxi Coal is up by 50 per cent since it raised $658m in January, while hog farmer Muyuan Foodstuff has soared 130 per cent. By contrast, Hong Kong IPOs have often faltered....
...The company’s investments include some new carriers for dry bulk commodities such as coal....
...Nathan Tinkler has disposed of his holding in Australian miner Whitehaven Coal to a group of creditors, as the former billionaire looks to pay off debts and launch new ventures from a base in Singapore....
...-based Permira Advisers , Italian private-equity fund Clessidra, Italian fund FSI, Qatar Holding LL and French buyout firm Ardian…” (WSJ) “India’s Gland Pharma said on Thursday U.S. private equity firm...
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