Czech-based investment group Sev.en Global Investments said it will acquire a 51% stake in Coronado Global Resources from the Energy & Minerals Group as it continues to expand its portfolio, reported Reuters.
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Following media reports speculating on rumors of a deal, Coronado Global Resources confirmed it is indeed in talks with Peabody Energy regarding a potential transaction. Read full article.
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Virginia governor Glenn Youngkin has confirmed plans by Coronado Global Resources to expand the Buchanan complex in Buchanan and Tazewell counties to increase the mine’s capacity. Read full article.
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