Bens Creek shares fall as it moves mine into care and maintenance
12th Apr 2024 14:25
(Sharecast News) - Shares in North American metallurgical coal miner Bens Creek were sliding on Friday afternoon, after the company issued an update on its operations and working capital position, confirming that its West Virginia mine was moving into care and maintenance.
Read moreBens Creek inks coal sale deal amid cash flow strains
8th Apr 2024 10:52
(Sharecast News) - Metallurgical coal miner Bens Creek Group announced an agreement with its largest shareholder Avani Resources on Monday, for the purchase of 20,000 tons of off-spec coal.
Read moreBens Creek CEO to step down, secures new loan with major shareholder
9th Feb 2024 09:32
(Sharecast News) - Coal mine owner Bens Creek revealed on Friday that chief executive Adam Wilson will step down from the role and said it had arranged a new loan with major shareholder Avani.
Read moreLondon close: Stocks slip as US jobless claims top expectations
28th Dec 2023 16:46
(Sharecast News) - London's stock markets experienced a modest decline on Thursday, as the day unfolded with a pronounced lack of significant market-moving developments.
Read moreLondon midday: Stocks reverse gains to turn lower at lunchtime
28th Dec 2023 12:27
(Sharecast News) - London's stock markets had turned negative by lunchtime on Thursday, reflecting a subdued trading environment during the typically quiet period between Christmas and New Year.
Read moreBens Creek losses widen as it maintains operational progress
28th Dec 2023 12:01
(Sharecast News) - North American metallurgical coal miner Bens Creek reported a significant first-half milestone on Thursday, as it produced 204,998 tons of clean metallurgical coal, marking a 105% increase compared to the same period last year.
Read moreBens Creek reports strong upswing in coal production
4th Oct 2023 11:39
(Sharecast News) - North American metallurgical coal miner Bens Creek Group reported a substantial increase in production for the six months ended 30 September on Wednesday.
Read moreBens Creek highwall miner set to restart operations
14th Aug 2023 09:49
(Sharecast News) - North American metallurgical coal miner Bens Creek Group announced on Monday that highwall miner unit 81 (HWM 81) is set to restart operations by 21 August.
Read moreBens Creek issues $7.6m in new, unsecured loan notes
11th Jul 2023 14:54
(Sharecast News) - Metallurgical coal miner Bens Creek announced the issue of $7.57m in unsecured loan notes to ACAM on Tuesday.
Read moreSingapore-based Avani buys 30pc of Bens Creek
12th May 2023 09:29
(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its largest shareholder MBU Capital Group has sold 119,218,394 existing shares to Avani Resources.
Read moreBens Creek starts work with replacement highwall miner
5th May 2023 11:47
(Sharecast News) - North American coal miner Bens Creek Group announced the arrival of a second highwall miner (HWM) on Friday, after it experienced issues with the initial one.
Read moreBens Creek confirms second highwall miner, agrees option for third
13th Jan 2023 16:52
(Sharecast News) - American coal miner Bens Creek Group announced on Friday that it has signed an amendment to the agreement with its highwall mining contractor Mega Highwall Mining, to confirm the provision and delivery of a second highwall miner - unit 77 - by the end of January.
Read moreBens Creek agrees to buy rail track holding company
23rd Dec 2022 12:57
(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its wholly-owned subsidiary Bens Creek Carbon has entered into an agreement to acquire up to 100% of the membership interests in Bens Creek Rail Holding.
Read moreBens Creek selling highwall miner for $3.6m
22nd Dec 2022 14:24
(Sharecast News) - North American metallurgical coal miner Bens Creek announced the proposed sale of its own highwall miner on Thursday, to Civil LLC, for total cash of $3.6m.
Read moreBens Creek reaches monthly production of 40,000 tonnes
2nd Dec 2022 12:58
(Sharecast News) - North America-focussed metallurgical coal miner Bens Creek said in an update on Friday that from 26 October to the end of November, it produced a total of 43,736 clean tonnes.
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