Illinois Basin steam coal producer Armstrong Energy on Thursday posted record revenue of $110.9 million in the first quarter of 2014, a 9.5% year-on-year jump, as sales rose 124,000 st to 2.4 million st. The St. Louis-based company, whose ...
Tags: Armstrong Energy, coal producer
India's largest coal producer Coal India Limited is expected to decide whether to award a contract for thermal coal imports at its next board meeting set for late May, a source said Thursday. CIL received a single bid from government ...
Tags: coal, coal output
US-based coal producer Walter Energy has announced its financial results for the first quarter this year, reporting a net loss of $92.2 million, compared to a net loss of $49.4 million in the first quarter of 2013. In the given quarter, the ...
Tags: Walter Energy, coal producer
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has secured a one-year contract to supply iron ore concentrate to Russian pig iron and coking coal producer KOKS Group. Under ...
Tags: iron ore, pig iron, coking coal
US-based coal producer Walter Energy, Inc. has announced that it will begin idling its Canadian operations, including the Wolverine and Brazion coal mines in British Columbia, this month, due to the unfavorable coal pricing environment. ...
Tags: Coal Mines, Walter Energy, mine
Colombian coal exports in February fell 44% month on month to 4.067 million mt, which was 15.1% higher year on year, data from statistics agency DANE showed. The fall to the the lowest monthly level since March 2013 came amid a ban on ...
Tags: Coal Exports, shipping coal
Australian coking coal producer Beacon Hill Resources has announced its interim results for 2013, reporting a net loss of $19.24 million, narrowing down from the net loss of $45.13 million in the previous year. The company's revenues ...
Tags: Coking Coal, Beacon Hill Resources
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
Chinese buyers refrained from meeting the delivered-price expectations of seaborne cargo sellers in unsettled Asian trade Friday, as weak fundamentals in the domestic market prolonged a week-old standoff between buyers and sellers, said ...
Tags: China Cargo Market, coal producer, thermal coal market
Fears of China moving to ban the import of lower grade coal have again resurfaced amid concern over the country's high pollution levels, with several market participants indicating that the government is seriously contemplating such a move ...
Bearish sentiment blanketed the Indonesian thermal coal market Wednesday amid reports of price discounting by major Chinese coal producers to their domestic customers, said traders. A medium-sized Indonesian coal producer said he expected ...
Tags: Thermal Coal Market, Deal-Making
Arch Coal has sold its Hazard mining complex in eastern Kentucky to Blackhawk Mining LLC for $26.3 million, the St. Louis-based coal producer said Wednesday. The complex is made up of four active surface mines -- East-Mac & Nellie, Rowdy ...
Tags: Arch Coal, Blackhawk Mining
Increased low-ash thermal coal production from Whitehaven Coal's Narrabri underground mine in New South Wales was a key driver for a 48% year-on-year rise in the Australian coal producer's earnings before interest, depreciation and tax to ...
Tags: Coal's Sales, Mineral
Two Indiana coal companies have received state regulatory approval for new or extended mining operations that could produce an additional several million short tons of high-sulfur steam coal annually for the US electric utility market, a ...
Tags: Coal Production, Mineral
Indonesian thermal coal exporters are now required to produce a certificate clearing the miner to produce coal before they ship material overseas, a government official said. The latest move is the second regulatory obstacle encountered ...
Tags: Coal Exporters, Regulatory Hurdle