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By David Winning SYDNEY-Coronado Global Resources cut its annual coal production guidance and forecast higher-than-expected mining costs after encountering.
The American private equity group that created Coronado Global Resources has finally lost patience with Australian investors disinterest in coal stocks.
By Rhiannon Hoyle Sev.en Global Investments, a Czech investment group owned by billionaire Pavel Tykac, has agreed to buy a 51% interest in coal miner.
Hancock executive director Tad Watroba said the world will need more iron ore than ever to hit global targets in renewable energy, but government policies were a barrier to production.