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Permit approved for Keyser mine; will mean 100 jobs, Corsa says

Plans for a substantial northern Somerset County deep mine have received the state s approval. ....

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Coal Alliance recognizes excellence in employee safety, mine reclamation enhancements

Coal Alliance recognizes excellence in employee safety, mine reclamation enhancements
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LSQ Creates $15MM Credit Facility, AR Management Program for Pennsylvania Coal Producer

/PRNewswire/ LSQ, a leading provider of working capital finance and payments solutions, recently expanded its relationship with Wilson Creek Energy by. ....

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QKGI Legacy Holdings LP Redeems Wilson Creek Redeemable Units for Corsa Common Shares

QKGI Legacy Holdings LP ("Legacy QKGI"), an affiliate of Quintana Capital Group L.P. and its affiliated investment funds (collectively, "Quintana"), announced today that it had acquired directly from Corsa Coal Corp. (TSXV: CSO) ("Corsa") an aggregate of 8,515,831 common shares ("Corsa Shares") of Corsa, pursuant to (i) the tender for redemption of 170,316,639 common membership units ("Redeemable Units") of Wilson Creek Energy, LLC ("Wilson Creek") by Legacy QKGI, representing all of its previously held Redeemable Units, and (ii) the exercise by Corsa of its right to acquire such Redeemable Units in exchange for a corresponding number of Corsa Shares (the "Redemption"), all in accordance with the terms of Wilson Creek's Second Amended and Restated Limited Liability Company Agreement, as amended (the "Wilson Creek LLC Agreement") dated July 31, 2013 among Wilson Creek Holdings, Inc., Legacy QKGI and Cor ....

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Corsa Coal announces 1Q21 financial results

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Corsa Coal Corp., a premium quality metallurgical coal producer, has reported its financial results for the 3 months ended 31 March 2021 (1Q21).
1Q21 highlights
Corsa reported net and comprehensive loss of US$4.4 million, or US$(0.05) per share attributable to shareholders, for 1Q21 compared to a loss of US$5.8 million, or US$(0.06) per share attributable to shareholders, for the 3 months ended 31 March 2020 (1Q20).
Corsa’s adjusted EBITDA was US$0.1 million for 1Q21 compared to US$6.4 million for 1Q20. Corsa’s EBITDA was US$0.1 million for 1Q21 compared to US$1.3 million for 1Q20.
Cash production cost per tonne sold was US$79.15 for 1Q21, an increase of US$8.03/t, or 11%, as compared to 1Q20. ....

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