Consol Energy Limiting Coal Investment

Mining Weekly reported that Consol Energy intends to invest $410-million and $520-million in its coal operations but is beginning to shift its focus towards gas.

As quoted in the market report:

Consol said it expected to invest between $410-million and $520-million in its coal operations, but would not invest in any other significant coal projects other than completing its BMX longwall mine, in western Pennsylvania, scheduled to be complete in the first quarter 2014.

To view the whole Mining Weekly report, click here.