Cobalt Coal Proposes Acquisitions of Coal Assets
Cobalt Coal Ltd. (TSXV:CCF) announced its proposed acquisition of coal properties in Kentucky and Virginia.
Archive for February, 2012
New US Gulf Terminal to Handle Coal Exports
Platts reported that a new terminal in Louisiana should be opened for coal exports in 2014.
GenOn Planning Seven Coal Plant Shutdowns
Reuters reported that GenOn Energy (NYSE:GEN) will shut down seven mid-Atlantic coal-fired power plants on new environmental regulations.
CanAm Long Term Coal Contracts Support Doubling of Production
CanAm Coal Corp. (TSXV:COE,OTCQX:COECF) announced that it plans to produce twice as much coal in 2012 as it did last year.
Chubu Electric Moving Coal Trade to Singapore
Mining Weekly reported that Chubu Electric (TSE:9502) is shifting its coal trading unit from Japan to Singapore.
Prompt Physical Coal Falls on Oversupply
Reuters reported that prices of prompt physical coal dropped due to oversupply.
Coalspur Agrees to $70 Million Loan Facility for Vista Project
Coalspur Mines Limited (ASX:CPL,TSX:CPT) announced it has signed an agreement for a loan facility to advance its Vista Coal Project.
Evaluating Coal Gasification Technology
Forbes reported on the viability of coal technology designed to reduce carbon emissions.
Thermal Coal at Qinhuangdao Drops on Increased Inventories
Bloomberg reported that prices for thermal coal at China’s Qinhuangdao port fell as stockpiles grew.
Coal Hits a Wall in US Market
Sliding demand is forcing US coal producers to reassess their future after several American miners shut down capacity and shifted focus abroad.
