Firm had earlier been slapped with up to $22 mm in fines.
Firm says quarter has been an extremely difficult one.
Firm says it plans to weather weak coal demand on cutting unnecessary company expenses.
Firm set to provide a million tons of coal to Datang International Power.
Results beat analysts expectations despite the drop.
Firm has agreed to two further extensions to its existing loan deals.
Firms have made payments under the federal government's mining tax.
Firm plans to raise up to $100 mm by issuing convertible securities.
Firm posts first quarter loss amid double digit slide in revenue.
Firm reported first quarter profit fell 40%.
Auditors now checking books of coal miner to check for alleged anomalies.
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