New Coal Route to Open in South Africa
Reuters reported that Strategic Natural Resources' (LSE:SNRP) joint venture will allow coal shipments along a new route in the Eastern Cape.
Articles Tagged "coal"
Yanzhou Looks To Buy Vale SA’s Integra Property
Bloomberg reported that Yanzhou Coal (NYSE:YZC) is one of several groups interested in buying Vale's (EPA:VALE5) Australia-based Integra coal mine.
EIA Says US Coal Usage Could Drop to 25-Year Low
MarketWatch reported that the Energy Information Administration anticipates that more natural gas consumption will cause a drastic drop in coal consumption in the US this year.
Patriot Coal Sales Lower As Consumers Use More Natural Gas
Reuters reported that Patriot Coal (NYSE:PCX) is anticipating lower 2012 coal sales due to an increase in natural gas use.
Indonesia Slashes Power-Station Coal Benchmark Price
Bloomberg reported that Indonesia dropped the price of benchmark power-station coal price to an 18-month low.
Richards Bay Coal Shipments Increase
Bloomberg reported that coal shipments from South Africa's Richards Bay terminal were up 7.7% in April over the same period in 2011.
Saturn Releases Coal Quality Results from Thunder Coal Discovery
Saturn Minerals Inc. (TSXV:SMI,FWB:SMK) announced coal quality analysis results of samples from the Manitoba-based Thunder coal discovery.
L&L Looks Into Mongolia Surface Mining
L & L Energy, Inc. (NASDAQ:LLEN) announced it is seeking diversification through surface mining projects.
Construction Costs Hurt Duke Energy Profits
CNBC News reported that Duke Energy (NYSE:DUK) reported lower net income due to coal plant construction overruns.
India Looks At Sovereign Fund for Coal Assets
Reuters reported that the Indian government is considering a fund to help it buy overseas coal assets.
