Whitehaven Coal Ltd declared full year profit of about AUD 75 million before announcing a share sale to fund growth and strengthen its balance sheet. For full story, click here
Read the full article: "Whitehaven Coal declared full year profit of..."
Friday, July 31, 2009
Indian state utility Andhra Pradesh Power Generation Corporation Ltd has purchased 500,000 tonnes of Malaysian coal for delivery in August-October following a tender issued early in July. For full story, click here
Read the full article: "APENCO declared that it bought 500,000 T..."
Thursday, July 30, 2009
Xstrata Coal’s output volumes for the six months to June 2009 surged by 4.2 million tonnes or 11% over the corresponding period in 2008. For full story, click here
Read the full article: "Xstrata Coal H1 Production Update"
Thursday, July 30, 2009
China has been shut down small coal-fuelled power plants with a total generating capacity of 54.07 million kilowatts from 2006 to the end of June this year. For full story, click here
Read the full article: "China ahead has been shut down in closure of..."
Thursday, July 30, 2009
Coal miner Consol Energy Inc declared a smaller-than-expected second-quarter profit on Thursday, but the company provided an optimistic outlook for coal used to make steel and its shares surged in early trading. For full story, click here
Read the full article: "Consol Energy has been optimistic about..."
Thursday, July 30, 2009
U.S. coal miner Massey Energy Co has seen opportunities to export more coal to Europe and Asia as global steel production and power generation are starting to pick up. For full story, click here
Read the full article: "U.S Coal Miner Massey Energy has seen chance..."
Thursday, July 30, 2009
Spot prices of coal in China’s top coal shipping port were steady from a week earlier, as supply remained abundant, while coal imports are expected to stay robust through the summer. For full story, click here
Read the full article: "China Coal Spot Prices has been steady, Coal..."
Thursday, July 30, 2009
By the middle of 2010, Coal India Ltd may enter into joint ventures with global majors as well as domestic companies for resuming mining at 18 abandoned mines for which it had invited expressions of interest in 2008. For full story, click here
Read the full article: "Coal India will form Joint Ventures"
Tuesday, July 28, 2009
Arch Coal Inc has sold $600 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service. For full story, click here
Read the full article: "New Arch Coal has sold $600 mln in 7 year..."
Tuesday, July 28, 2009
Coal India Ltd. hopes to float joint ventures for extracting coal from abandoned mines by the middle of 2010. Bids for the joint ventures are likely to be in placed by end of the current calendar. Mr Partha S Bhattacharyya, chairman CIL, declared: The JVs for extracting coal from abandoned mines will be in place [...]
Read the full article: "Coal India is hoping to float JVs"
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Friday, July 31, 2009