Xinergy Releases Yearly and Fourth Quarter 2011 Results
Xinergy Ltd. (TSX:XRG) announced financial results from fourth quarter and full-year 2011.
Xinergy Ltd. (TSX:XRG) announced financial results from fourth quarter and full-year 2011.
Reuters reported that Solid Energy will buy the New Zealand-based Pike coal mine where an explosion killed miners in 2010.
Cobalt Coal Ltd. (TSXV:CCF) announced details of a transaction regarding the acquisition of five coal properties in Virginia.
Bloomberg reported that Tata Power (BSE:500400) said it would invest in solar and wind projects before developing coal projects.
Platts reported that Tata Power (BSE:500400) is offering to buy 30% of the South Africa-based Sekoko coal project.
Long Harbour Exploration Corp. (TSXV:LHC) announced a letter of intent with regards to an acquisition of coal property in Kentucky.
The Street reported that coal stocks fell on concerns slower growth in China will hamper demand.
Bloomberg reported that Russian coal companies are investing in transport infrastructure in Siberia to boost coal exports.
Forbes & Manhattan Coal Corp. (TSX:FMC,JSE:FMC) announced it has made its final payment for the Slater Coal properties.
Platts reported that coal miners in Poland will invest about $1.26 billion to build new capacity for coal-fired power generation.
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