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New World Resources PLC news

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NWR 0.248 +0.098 (65.33%)
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New World Resources outlines debt restructuring
New World Resources put forward plans for a debt restructuring and rights issue and warned insolvency could otherwise loom as the European coalminer battles low commodity prices.
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New World Resources bondholders seek talks with Prague
A group of senior bondholders in New World Resources, the largest private coal miner in eastern Europe, have said they will work with the Czech government and others to stabilise the company, which warned last week that it could potentially face ...
UPDATE 1-New World Resources shareholders approve voluntary liquidation
... * Statement from joint liquidators: "Our appointment is not expected to have any immediate impact on operations and activities at OKD, and we will endeavour to work with OKD and its stakeholders as appropriate in the discharge of our duties ...
NWR seeks financial support from Czech government
Czech Republic-focused New World Resources, whose shares have fallen more than 99 per cent to 0.15p since its London listing in 2008, has been savaged by the fall in global coal prices, amid a wider crisis in eastern Europe's mining sector where dozens ...
Czech coal group OKD files for insolvency
The largest hard coal mining company in the Czech Republic has filed for insolvency as talks with the country's government and other potential stakeholders over a liquidity lifeline resulted in no “meaningful progress”.
Avocet Mining shares suspended after accounts delay
Last month, Avocet's chief executive, David Cather, was replaced by Boudewijn Wentink, who was previously a director with New World Resources, a coal-mining company based in the Czech Republic. Avocet's share price has dropped 60 per cent over the ...
Prairie Mining surges nearly 30% following Debiensko Scoping Study
In early 2006, New World Resources plc acquired Debiensko and commence planning to comply with Polish mining standards with the aim of accessing and mining hard coking coal seams, and in 2008 a 50 year mining license was granted.
Providence Resources hires Tullow Oil exploration boss as new non-exec director
Range Energy Resources Inc. said its contractor had spud the fourth well at Shewashan as Gas Plus Khalakan, the sole contractor of the Khalakan production-sharing contract in the Kurdistan region of Iraq, issued an operations update regarding the ...
Egdon Resources picks up new midlands gas project
The new assets include a 'tight' gas discovery from the 1980s. Egdon Resources Plc (LON:EDR) and IGas Plc (LON:IGAS) are adding to their positions in England's east Midlands area. The companies are each picking up 50% of PEDL 278 which includes the ...
Proactive new round-up: Savannah Resources, Minds + Machines , Redx Pharma..
Savannah Resources Plc (LON:SAV) is setting itself up to become a substantial battery grade lithium producer with the acquisition of an asset near to production in Portugal.