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NWR 0.248 +0.098 (65.33%)
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New World Resources plc
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New World Resources Plc (NWR.L)
Business Summary. New World Resources Plc, through its subsidiaries, produces and supplies coking coal and thermal coal to steel and energy sector customers in Central Europe.
Prudential Becomes Largest Shareholder Of New World Resources
New World Resources said back in May that it expected to distribute around EUR8.0 million or less to shareholders once the subsidiary that holds all of the company's assets is wound-up as the company tries to repay just under EUR600.0 million worth of ...
New World Resources unit to axe half its staff due to weak coal prices
Czech mining company New World Resources (NWR) unit OKD is reportedly planning to cut half its workforce by 2018 due to weak coal prices.
Once Largest Prague IPO, Miner NWR Sees Break Up Prospects
New World Resources Plc, which entered the Prague Stock Exchange eight years ago as the largest Czech equity offering ever, may become the country's biggest corporate failure in at least a decade.
NWR in Talks to Sell Idle Mine to Czech Government for 1 Koruna
The Czech government may buy idle Frenstat mine from New World Resources Plc for 1 koruna (4 cents) as part of the unprofitable coal producer's reorganization, Industry and Trade Minister Jan Mladek said.
Czech Coal Miner NWR Seeks Government Meeting to Avoid Collapse
The Czech government said the owners of troubled coal miner New World Resources Plc were using the prospect of an expensive bankruptcy to blackmail it on the eve of a crucial meeting in which the two sides will seek a way to avert the company's collapse.
Share Issuance Pursuant to Voluntary Conversion
On 7 October 2014, NWR Plc entered into a deed poll, which contains irrevocable undertakings to NWR NV and to each holder of ordinary shares in NWR NV delivered upon conversion of the Convertible Notes, to purchase such ordinary shares in NWR NV ...
NWR Owners Face Government Pressure as Mine Closing Inevitable
The Czech government is seeking to negotiate the future of troubled mining company New World Resources directly with its owners rather than managers who don't have a “clear mandate” for the talks, Industry and Trade Minister Jan Mladek said.
Ashmore to M&G Take Charge of NWR Rescue Bid as Owner Exits
Creditors of New World Resources Plc, including Ashmore Investment Management Ltd., are assuming control of the unprofitable Czech coal mining company and taking charge of efforts to rescue it.