Slow Market Activity Keeps Coking Coal Steady
Platts reported that coking coal prices stayed the same due to little interest from buyers.
Platts reported that coking coal prices stayed the same due to little interest from buyers.
Reuters reported that coal stocks started to recover from recent declines.
Novadx Ventures Corp. (CVE:NDX) announced that as a result of recent developments in its due diligence it has commenced taking steps to terminate its efforts to acquire the assets of Ikerd Mining, LLC.
Thelon Capital Ltd. (CVE:THC) announced that it has engaged Primoris Group Inc. to provide media relations services to the company.
SouthGobi Resources Ltd. (TSX:SGQ) reports that it has set a new coal shipment record of 441,665 tonnes of coal shipped in the month of August.
Bloomberg reported that European coal prices decreased slightly.
Bloomberg reported that anticipation of winter coal demand pushed European coal prices up.
Thelon Capital Ltd. (CVE:THC) reports that it has arranged a $25 million Royalty Stream Debt Facility with Waterton Global Value L.P., Toronto.
Novadx Ventures Corp (CVE:NDX) reports an update by MCoal Corporation on the Ikerd asset acquisition.
Reuters Africa reported that coal prices increased with the price of crude oil.
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