LONDON (Alliance News) - New World Resources PLC Tuesday said its Czech OKD subsidiary has signed an extension of its memorandum of understanding on the closure of its Paskov Mine in the Czech Republic.
New World Resources PLC (NWR.LN), a Central European black-coal mining company, said Tuesday it expects to reach an agreement with the Czech government by the end of April on the terms for extending the lifespan of its troubled Czech mine.
New World Resources PLC logo New World Resources PLC (LON:NWR) had its price objective reduced by Jefferies Group from GBX 50 ($0.82) to GBX 36 ($0.59) in a research report released on Thursday morning, AnalystRatings.
New World Resources PLC logo Shares of New World Resources PLC (LON:NWR) have received a consensus rating of �Hold� from the ten brokerages that are presently covering the company, AmericanBankingNews.
New World Resources PLC logo Citigroup Inc. reiterated their sell rating on shares of New World Resources PLC (LON:NWR) in a research report sent to investors on Tuesday morning, Analyst Ratings News reports.
Eurasia said that following GKZ (State Reserves Commission ) approval of new reserves at West Kytlim, RosNedra (Ministry of Natural Resources) had now approved and registered the reserves on the state balance.
The latest fight erupted when Sobotka's Social Democrats proposed 1.1 billion koruna of aid on April 1 to help miners at New World Resources Plc.'s unprofitable Paskov mine. Babis rejected the sum as too high and negotiated a new deal that cut state ...
New World Resources Plc, the largest Czech producer of coal for steelmakers, agreed to keep its unprofitable Paskov mine open until end-2017 after the government pledged to provide financial aid for the miners.