Patriot Coal Shares Recover Slightly
The Street reported that shares of Patriot Coal (NYSE:PCX) rallied as the company said it was in talks to secure financing.
Coal Market News Directory
Coal Producer Bogdanka Drops on Lower Prices
Bloomberg reported that a drop in thermal coal prices caused shares of Polish coal producer Bogdanka to fall.
Banpu Stock Price Falls to 30-Month Low
Reuters reported that the Banpu pcl (FRA:BPFF) share price fell to its lowest in two and a half years.
Euro Coal Price Falls By $1
Reuters reported that prices for European ARA thermal coal fell slightly.
Price Drops Deter Chinese Coal Buyers
Reuters reported that Chinese buyers are deferring or defaulting on coal purchases due to lower prices.
Queensland Coal Port Expansion Scaled Down
Reuters reported that expansion of the Abbot Point coal port would be significantly scaled back.
BHP Coal Miners To Strike
Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.
US Coal Shipments Down
Reuters reported that shipments of coal on US railroads are down due to slower demand.
Euro Coal Prices Remains Stable
Reuters reported that the price for European prompt physical coal stayed about the same even though oil prices fell.
Coal Imports to China Jump in April
Bloomberg reported that China's coal imports in April 2012 were almost double over the same month last year.
