Coal Investing News» coal

Patriot Coal Shares Recover Slightly

Jessica Oman — Wed, 23 May 2012 18:09:51 +0000

The Street reported that shares of Patriot Coal (NYSE:PCX) rallied as the company said it was in talks to secure financing.

Coal Producer Bogdanka Drops on Lower Prices

Jessica Oman — Wed, 23 May 2012 18:07:29 +0000

Bloomberg reported that a drop in thermal coal prices caused shares of Polish coal producer Bogdanka to fall.

Cardero Reaches Agreement on Coal Shipments with Ridley Terminals

Jessica Oman — Tue, 22 May 2012 23:29:13 +0000

Cardero Resource Corp. (TSX:CDU,AMEX:CDY,FWB:CR5) announced it has agreed to terms regarding coal shipments from its British Columbia-based Carbon Creek deposit.

Banpu Stock Price Falls to 30-Month Low

Jessica Oman — Tue, 22 May 2012 19:30:55 +0000

Reuters reported that the Banpu pcl (FRA:BPFF) share price fell to its lowest in two and a half years.

Euro Coal Price Falls By $1

Jessica Oman — Tue, 22 May 2012 19:28:25 +0000

Reuters reported that prices for European ARA thermal coal fell slightly.

Price Drops Deter Chinese Coal Buyers

Jessica Oman — Mon, 21 May 2012 15:25:58 +0000

Reuters reported that Chinese buyers are deferring or defaulting on coal purchases due to lower prices.

Queensland Coal Port Expansion Scaled Down

Jessica Oman — Mon, 21 May 2012 15:23:38 +0000

Reuters reported that expansion of the Abbot Point coal port would be significantly scaled back.

Peabody Leases Low Sulfur Coal Reserves

Jessica Oman — Sat, 19 May 2012 02:10:16 +0000

Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.

BHP Coal Miners To Strike

Jessica Oman — Sat, 19 May 2012 02:05:43 +0000

Reuters reported that coal miners at one of BHP Billiton's (NYSE:BHP) coal mines are planning a strike.

US Coal Shipments Down

Jessica Oman — Sat, 19 May 2012 02:02:24 +0000

Reuters reported that shipments of coal on US railroads are down due to slower demand.