Coal Company News Directory

Peabody Energy to Continue Expanding World’s Largest Coal Mine

According to Scott Durgin, senior vice-president for Peabody Energy’s (NYSE:BTU) operations in the Powder River Basin in Wyoming, the company's mining operations in the area are likely the largest in the world. According to an article from the Guardian, the company has no plans to stop expanding in the area.

Coal India to Double Coal Production by 2019

Coal India (NSE:COALINDIA), the country's state run behemoth, is looking to increase its coal production to one billion tonnes by 2019. According to the Hindu, Power Minister Piyush Goyal said at the India Economic Summit that he saw production increasing, adding that the government would also increase investments into renewable energy.

Consol Energy Increases Revenue by 10 Percent

Consol Energy (NYSE:CNX) saw revenues increase by 10 percent last quarter, according to coalguru.com. Higher costs took out some of that profit, but still, the company posted a significantly narrower loss for the quarter in a year over year comparison.