Atlantic Coal Reports Pretax Loss
MarketWatch reported that Atlantic Coal (LSE:ATC) released its quarterly financial results, which indicated a pretax loss for the company.
MarketWatch reported that Atlantic Coal (LSE:ATC) released its quarterly financial results, which indicated a pretax loss for the company.
Bloomberg reported that Arch Coal (NYSE:ACI) has been approved for a $1 billion loan.
Reuters reported that the Indian government is considering a fund to help it buy overseas coal assets.
Bloomberg reported that India is struggling to complete purchases of overseas coal assets due to its own convoluted approval process.
CanAm Coal Corp. (TSXV:COE,OTCQX:COECF) announced that production, revenue and EBITDA reached records in the last fiscal year.
Mining Weekly reported that Coal of Africa (ASX:CZA) should close its acquisition of the Chapudi project in a few weeks.
Xstrata Coal announced it is looking for a partner to take over its interest in the Nova Scotia-based Donkin Coal project.
Bloomberg reported that lower prices and higher costs caused an 11% drop in Yanzhou Coal's (NYSE:YZC) first quarter profit.
Lipari Energy, Inc. (TSX:LIP) announced its fourth quarter and 2011 financial results.
Forbes reported that Peabody Energy (NYSE:BTU) cut its projected earnings, citing bad weather in Australia.
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