Yangzhou Coal Mining Shares Suspended
Trading in shares of Yanzhou Coal Mining Co Ltd. was suspended on Monday pending a statement on an acquisition. For full story, click here
Articles Tagged "shares"
James River Coal Shares Slipped after 2Q Profit
Shares of James River Coal Corp. slipped on Monday after the mine operator posted second-quarter earnings shy of Wall Street expectations and slashed expectations for the full year. For full story, click here
Consol Energy has been optimistic about Steel Coal Demand
Coal miner Consol Energy Inc declared a smaller-than-expected second-quarter profit on Thursday, but the company provided an optimistic outlook for coal used to make steel and its shares surged in early trading. For full story, click here
Coal Shares slipped on Peabody Results
Shares of coal companies tumbled on Tuesday following bleak second-quarter results and disappointing production guidance by one of the world’s leading coal producers. For full story, click here
Australia Linc Energy has updated on Coal-Asset Sales
Shares in Linc Energy Ltd. went on a trading halt on Monday ahead of an update from the group on the status of its sale of Australian coal tenements. For full story, click here
Macarthur Coal's Shares have dipped after $190 mln sale discount
Macarthur Coal Ltd., the world’s biggest exporter of pulverized coal, dipped to a three-week low in Sydney trading after selling about A$190 million worth of new shares to institutions to fund expansion. For full story, click here
China Power producers have sparkeld on small coal price hike
Shares in Chinese electricity producers has shot up on Friday on reports that coal miners and power producers had agreed on a nominal raise in coal prices in two provinces in China after protracted negotiations. Deutsche Bank Analysts Michael Tong and Eric Cheng stated: This is a positive move after the five-month deadlock between coal [...]
Bisichi Mining gained 5.7 percent
Shares in Bisichi Mining, the UK miner with direct coal mining operations in South Africa announced that it gained 5.7 percent after the company posts a record set of full-year results, with Numis Securities keeping its buy recommendation on the stock. For full story, click here
China stock index rose 1.5 percent, led by coal shares
China’s main stock index surged 1.5 percent in active turnover on Thursday, led by coal shares, gaining for a fourth day in a row as ample liquidity courses through China’s capital markets. For full story, click here
Pike River Coal delays likely to reduce revenue for early coal
Pike River Coal, the mining company that is looking forward to raise NZ$45 million selling shares to tide it over until coal sales start, reported that delays are likely to reduce revenue for early shipments. Managing director Gordon Ward, stated: This rights issue is to provide the working capital needed due to the delay in [...]
