Coal Market News Directory

Further Layoffs for Central Appalachian Coal Mines

McGraw Hill Financial reported that the Central Appalachian coal industry's struggles continued as Walter Energy said it may soon lay off as many as 370 coal workers in Alabama, just days after Alpha Natural Resources said it cut down its workforce in its Kentucky and West Virginia operations by 71 employees.

Bank of America Makes a Break from Coal

The Motley Fool reported that Bank of America Corp. (NYSE:BAC) is exiting the coal space in an "unprecedented pull-out." The firm announced the news during its annual shareholder meeting with the release of its first coal policy.

Coal Workers in Berlin Protest against Climate Tax

Reuters reported that thousands of coal miners and workers in coal-fired plants in Berlin protested against the climate tax levied on the oldest, most polluting power stations, saying it could lead to massive job losses and the decline of the coal industry in Germany.