Yanzhou Coal Third-Quarter Profit Drops 70% on Currency Loss
Bloomberg reported that currency losses caused Q3 profit decreases for Yanzhou Coal Mining Co. (NYSE:YZC).
Articles Tagged "coal sector"
North American Gem Inc. Agrees to Enter Into Joint Venture Agreement on Its Louise Lake Property With the Hunter Dickinson Group
North American Gem Inc. (TSXV:NAG) reported that subject to satisfactory due diligence completed by Hunter Dickinson Group, executed a legally binding and enforceable agreement between HDG and NAG to implement a joint venture on its Louise Lake property.
SouthGobi Resources Completes Third Quarter “On-Track” and Continues to See Robust Market Conditions
SouthGobi Resources Ltd. (TSX:SGQ) reported its completion of the third quarter and continues to see robust market activity in the coal sector.
North American Gem Inc. Resumes Mining Operations at North American Gem #2 Mine
North American Gem Inc. (CVE:NAG) reported that it has resumed mining operations at the North American Gem #2 Mine.
Novadx Terminates Management Agreement With Ikerd Mining
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.
GobiMin Announces Completion on the Disposal of Balikun Coal Project in China
GobiMin Inc. announced that it has now completely disposed of the Balikun Coal project.
Greece Plans to Sell Two PPC Coal Plants – Minister
Reuters reported that two of Greece's coal-fired power plants will be sold as part of a bailout agreement.
SouthGobi Sets New Coal Shipment Record of 441,665 Tonnes of Coal in August
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.
Coal-Mine Systems to Protect U.S. Workers From Machines Proposed
Bloomberg reported that new machines are being proposed that would increase worker safety in coal mines.
China Shenhua Profit Rises 16% After Acquiring Coal Assets
Bloomberg reported that profits for China Shenhua Energy Co. (SHA:601088) were up on the company's acquisition of additional coal assets.
