A spike in the front-quarter CIF ARA c had eastern US coal export executives guessing Wednesday how much the out-of-the-money range for Central Appalachian thermal coal prices had narrowed. Platts assessed Wednesday the API2 Q1 2014 ...
Tags: East Coast Coal, Coal
China Shenhua Energy Co., the listed subsidiary of Shenhua Group, said at the weekend it mined 27.3 million mt of commercially-ready coal in October, up 14.2% year-on-year. The company sold 46.7 million mt in October, up 14.7% year on ...
Tags: Coal Output, Chemicals
Westshore Terminals reported an average coal loading rate of C$9.52 in the third quarter, up 2% from both the previous quarter and the year-ago quarter, according to its quarterly report filed late Wednesday with the Canadian government. ...
Tags: Westshore Terminals, Mineral
A higher-than-expected increase Wednesday in FOB prices at China's Qinhuangdao port for 5,500 kcal/kg NAR domestic thermal coal gave a lift to imported thermal coal prices which advanced to $79/mt basis South China ports, said market ...
Tags: Thermal Coal, high-ash cargo
Central Europe's New World Resources produced 6.45 million mt of coal in the first nine months of 2013, a 25% year-on-year decline, the miner reported in its results for the nine months to end-September. External coal sales for ...
Tags: Coal Production, Mineral
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first nine months of 2013. In the first nine months, New World Resources registered a net loss of €527.9 million, compared to a net ...
Eastern US coal and gas producer Consol Energy said Tuesday that its third-quarter coal production exceeded guidance provided in the second quarter, while margins decreased primarily as a result of lower sales prices per ton. Consol said ...
Tags: coal, gas, Metallurgy, Mineral, Energy
Russian mining and steel producing company Evraz Group has announced that it has signed a binding agreement for the sale of the Gramoteinskaya thermal coal mine, part of its wholly-owned subsidiary Yuzhkuzbassugol Coal Company, to Lehram ...
Tags: Metallurgy, Mineral, Energy
Central Europe-based miner New World Resources Plc (NWR) has announced that it has reached agreements with its customers for coking coal and coke sales for the fourth quarter of 2013. Accordingly, NWR has set the average agreed price of ...
Tags: Coking Coal Prices, Mineral
Rail-delivered (CSX) Central Appalachian thermal coal for November closed higher for the fifth consecutive session on Thursday, rising 25 cents/st to $53.75/st. The CSX spot contract continued to track the price movement in the ...
Tags: Spot Coal
Indonesia's PT Bumi Resources said on Wednesday China's sovereign wealth fund, China Investment Corp (CIC), has agreed to convert part of an outstanding $1.3 billion loan into stakes in the miner's PT Bumi Resources Minerals unit, its coal ...
Tags: Mining Units, PT Bumi Resources
A small upturn in prices for sub-5,000 kcal/kg NAR Chinese thermal coal on perceived stirrings of restocking activity for the upcoming northern hemisphere winter and some market tightness was seized on by traders Friday. South China ...
Tags: Coal, Metallurgy, Mineral, Energy
China's appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world's second-largest economy, China in recent years has been driving demand for all sorts of ...
Tags: Coal, Metallurgy, Mineral, Energy
Prices drifted sideways in the delivered South China cargo market for thermal coal Friday in the absence of any significant buying interest from China, and sellers pondered the next move in a buoyant freight market, market sources said. ...
Tags: Coal, Metallurgy, Mineral, Energy
Eastern US miner James River Coal has cut about half of its annual Central Appalachian coal production "in response to continued weak coal markets," the company said Monday night after the close of markets. The cutbacks amount to about ...
Tags: Coal, Metallurgy, Mineral, Energy