China Slows Coal Markets
Exports coming out of China and news of slowing demand and have left many traders uncertain of where coal prices will settle in the coming months.
Articles Tagged "Coal Company News"
Coal Mining Production Growing Despite Volatility
Concerns of weakening US and Chinese growth and European instability have led to a drop in coal company share prices However, coal production levels and expansion investments remain robust on the back of continued emerging market growth.
Germany Looks to Mongolia to Secure Energy Future
German Chancellor Angela Merkel signed a resource trade deal in Mongolia last week in an attempt to smooth Mongolian mining political tensions while also seeking to secure Germany's energy future.
SouthGobi Resources’ Soumber Coal Deposit Officially Registered with Mongolian Government
SouthGobi Resources Ltd ( CVE:SGQ) announced that the Mineral Resource Authority of Mongolia (MRAM) has officially registered the company's Soumber coal deposit.
Western Coal Announces Fiscal Q3-2011 Results
Western Coal Corp. (TSE:WTN) (AIM:WTN) announced that its net income for the fiscal third quarter ended December 31, 2010 was $20.4 million, or $0.07 per share, basic. Revenue for the period was $170.5 million.
Brazil MPX Shares Rise on Colombian Coal Spin-Off
Shares of Brazilian energy company MPX (SAO:MPXE3) posted their biggest daily gain in over two years Wednesday.
Rising Commodity Prices Boost Teck Profit
Reuters Canada has reported that quarterly profits for Teck Resources Ltd. (TSE:TCK.B) (NYSE:TCK) jumped 76% as a result of increasing demand for coal and copper resources.
L&L Secures Super Compliant Coal for Export to China
L&L Energy Inc. (NASDAQ:LLEN) now has the right to market super compliant coal from Colorado’s Bowie Mine for exports to several Asian countries. The article states that: The company expects approximately 500,000 tons of high quality coal to be made available in 2011, and at least 500,000 tons to be available in 2012. To read [...]
Puda Coal Updates Coal Mine Projects
Puda Coal (AMEX:PUDA) is planning several mine acquisitions and consolidations in China. The article is quoted as saying: Shanxi Puda Coal Group Co. Inc. (“Shanxi Coal”), a 90% subsidiary of the Company, is approved by the government to acquire nine thermal coal mines in Pinglu County and consolidate them into five mines. To access the [...]
Sherritt to Release Third Quarter 2010 Financial Results
Sherritt International Corporation (TSE:S) reported that it is scheduled to release its third quarter 2010 earnings results on Wednesday October 27, 2010, before markets open. The release will be followed by an analyst conference call at 2:00 p.m (Eastern Time).
