Coal Investing News» Coal Market News

Xstrata-Glencore Merger Not a Threat to Coal Buyers

jessica — Wed, 08 Feb 2012 18:42:48 +0000

Reuters reported that the merger of Xstrata (LSE:XTA) and Glencore (LSE:GLEN) will only make their long-time collaboration more formal.

jessica — Wed, 08 Feb 2012 18:39:42 +0000

Bloomberg reported that Indian demand may fuel a billion-ton coal market.

jessica — Wed, 08 Feb 2012 01:33:14 +0000

Platts reported that Australian coal producers were not significantly disrupted by recent bad weather in the region.

jessica — Wed, 08 Feb 2012 01:29:25 +0000

Bloomberg reported that first half profits for BHP Billiton (NYSE:BHP) were down on increases to costs and lower production.

jessica — Mon, 06 Feb 2012 17:36:21 +0000

Platts reported that Coal of Africa (ASX:CZA) has agreed with Black Economic Empowerment investors on an ownership structure for the Chapudi project.

jessica — Mon, 06 Feb 2012 17:32:16 +0000

MarketWatch reported that Asian demand is fuelling a US coal export boom.

jessica — Fri, 03 Feb 2012 19:24:36 +0000

Bloomberg reported that Morgan Stanley expects slower Asian coal demand and flooding in Australia will cause coal prices to drop this half.

jessica — Fri, 03 Feb 2012 19:22:21 +0000

Reuters reported that Australian coal mines have had to be shut down due to flood risk.

jessica — Thu, 02 Feb 2012 23:21:44 +0000

The Street reported that coal mine safety has improved, but there are still too many violations.

jessica — Thu, 02 Feb 2012 23:15:05 +0000

Reuters reported that Patriot Coal (NYSE:PCX) will idle another mine as consumers switch to natural gas energy.