Collie coal miner Griffin Coal is endeavouring to hang onto its staff and satisfy its customer commitments after its main contractor Carna Civil & Mining walked off the site late yesterday.
The state government has agreed to increase the price it pays Premier Coal for its coal supplies, as uncertainty continues over the fate of fellow Collie producer Griffin Coal.
The Environmental Protection Authority has signed off on a port expansion proposal for Bunbury that could lift coal exports to 15 million tonnes per year, almost double the current overall export c
Indian conglomerate Lanco Infratech will pay Perdaman Chemicals and Fertilisers $7.5 million plus legal costs as settlement for a long-running $3.5 billion legal battle that erupted after Lanco pur
Ric Stowe's sprawling Devereaux Farm in Bullsbrook is back on the market, with Jones Lang LaSalle and Garland International appointed by PPB Advisory to sell the property by tender.
Perdaman Chemicals and Fertilisers has had an interim victory in its Supreme Court battle with Indian energy giant Lanco Infratech and its subsidiary Griffin Coal, with the court granting a freezin
The foreign ownership of Western Australia's two coal miners raises concerns about the long-term security of the state's power supplies, Premier Colin Barnett says.
The contractual dispute between project developer Perdaman Chemicals & Fertilisers and the the new owner of Griffin Coal has deepened, with Perdaman accusing Griffin of unlawful behavior and re
A dispute over coal supplies could disrupt electricity generation from Griffin Power's Bluewaters power station near Collie, which supplies about 10 per cent of Western Australia's electricity.
Lanco Infratech says it will increase production at Griffin's coal mines near Collie by a factor of four, after it completed the $750 million acquisition of the assets.
The administrators of Griffin Coal have signed an agreement with Perdaman Chemicals and Fertilisers to supply up to 2.95 million tonnes of coal per annum.
The Collie power stations of Rick Stowe's failed Griffin Coal business are likely to be sold by the end of March, administrator Brian McMaster said today.
Indian infrastructure group Lanco Infratech has emerged as the winning bidder for the Collie coal business of Ric Stowe's failed Griffin coal and power empire.
ADMINISTRATORS of Rick Stowe's failed Griffin coal and energy empire now hope to wrap up a sale of the debt-laden private group in December after being forced to seek more time to complete the process last week.
THE administrators of Rick Stowe's failed Griffin coal and power businesses will meet with sales advisers this week to belatedly kick-start planning to recover more than $1 billion owed to creditors.
EFFORTS to salvage Rick Stowe's failed Griffin coal and power businesses have slowed as administrators weigh up the appointment of advisers to manage the sales process.
As the fallout from the collapse of Rick Stowe's Griffin coal and power businesses spreads, the question remains whether any parts of the tycoon's empire will be untouched.
It was a case of the familiar and the faceless at yesterday's meeting of creditors owed over $1 billion by Rick Stowe's failed Collie coal and power producer Griffin Coal.
Standard & Poor's Ratings Services has lowered its rating on Rick Stowe's private comany Griffin Coal Mining Company Pty Ltd after the coal miner's financial results were below expectations.
Rick Stowe's The Griffin Group is facing the risk of industrial action as it seeks to complete the negotiation of new work agreements for its Collie coal workers.
Ric Stowe's private Griffin group is claiming success with its latest efforts to use its Collie collieries as a solution to the salinty issues plague the massive Wellington Dam.
Rick Stowe's Griffin Coal Mining Company is planning to borrow around $530 million through a note issue to refinance group debt and provide funding for its current expansion projects.
While we're on the question of Ric Stowe and his Griffin Coal Company, bar-room chatter coming out of Collie indicates that life is about to get somewhat tougher in the coalfields and a new round of cost cutting may be on the way – with interesting variat
