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New World Resources Plc (NWRR.L)

NWRR.L on London Stock Exchange

0.15GBp
4 May 2016
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NWRR.L

Chart for NWRR.L

About

New World Resources Plc is a Central European hard coal producer. The Company's principal mining assets are in the Czech Republic and it has various development projects in the Czech Republic and Poland. The Company operates in coal mining segment. It produces coking coal, as well as thermal coal and supplies to a blue-chip... (more)

Overall

Beta: 2.65
Market Cap(Mil.): £7.27
Shares Outstanding(Mil.): 4,819.48
Dividend: --
Yield (%): --

Financials

Czech industry minister says NWR's mining arm needs $42 mln loan to keep operating

PRAGUE, June 8 Czech coal miner OKD, the insolvent unit of New World Resources (NWR) , urgently needs a state loan of up to 1 billion crowns ($42.1 million) to keep operating, Industry Minister Jan Mladek said on Wednesday.

08 Jun 2016

OKD says court strips New World Resources of control over it

PRAGUE, May 27 A Czech court has issued a preliminary injuction taking away New World Resources' control over its mining subsidiary OKD and handing it to a board of creditors, OKD said.

27 May 2016

BRIEF-Miner NWR's OKD unit has registered three indicative financing offers

* OKD unit says group has not received any direct financing offers, but has three indicative offers

25 May 2016

UPDATE 1-Czech unions join investors to bid for insolvent NWR arm

PRAGUE, May 23 Czech miners' unions have teamed up with lignite mine owner Pavel Tykac and another investor to make on offer for New World Resources' insolvent mining subsidiary OKD, the unions said on Monday.

23 May 2016

UPDATE 2-Czech miner NWR's main business files for insolvency

* Says will meet customer obligations (Adds minister reaction, more details)

03 May 2016

BRIEF-Czech government ministers to meet on NWR's OKD insolvency filing

* Czech Prime Minister Bohuslav Sobotka says on Twitter that he is calling ministers meeting on Wednesday morning to discuss NWR's OKD insolvency filing, help for workers is priority

03 May 2016

Czech miner NWR's OKD files for insolvency to reorganise

PRAGUE, May 3 Czech hard coal miner New World Resources' (NWR) main business unit OKD has filed for insolvency with the aim to reorganise and maintain viable operations, OKD said on Tuesday.

03 May 2016

UPDATE 2-Coal miner NWR faces insolvency or buyout at lower price -minister

* Owners AHG say ready to negotiate (Adds NWR shareholders' reaction)

02 May 2016

BRIEF-Miner NWR says subsidiary OKD board to discuss insolvency on May 3

* Says coal mining operations subsidiary OKD board to discuss insolvency on May 3

29 Apr 2016

UPDATE 1-NWR creditors raise pressure on Czech government in rescue talks

* Finance minister rejects "ultimatum" (Adds finance minister rejecting pressure)

25 Apr 2016

Earnings vs. Estimates