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About 803 results for "Metallurgical Coal"

UPDATE 1-SunCoke Energy to halve coal production, cut 175 jobs

(Adds details, background) Dec 15 (Reuters) - SunCoke Energy Inc, which produces coke used in steelmaking, said it would more than halve its annual coal production and cut 175 jobs due to weak prices. The company said it would reduce its ... CNBC, 2 days ago
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Coking coal out in the cold

With global coking coal supplies continuing to rise even as demand slackens, prices (seaborne hard coking coal contract) of the steel-making input have fallen 22 per cent to $119 per tonne since the start of this year. While coal miners from ...
 Hellenic Shipping News Worldwide1 day ago

Consol progressing oil, gas transition

CONSOL Energy will form a master limited partnership (MLP) for the company's thermal coal business which will be floated off, as well as a portion of its metallurgical operations which form part of a restructure of the company. You are not logged ...
 PetroleumNews.net2 days ago Consol Energy could spin off coal assets  World Coal6 days ago CONSOL ENERGY : moves forward on coal MLP  4 Traders1 week ago Consol unveils $250M stock buyback program, to pursue thermal coal MLP  Seeking Alpha1 week ago

Canadian owner of New Elk coal mine near Trinidad files for bankruptcy

The owner of the New Elk coal mine near Trinidad has filed for bankruptcy protection after the bottom fell out of its coal export market. Toronto-based Cline Mining Corp. is seeking court approval to reduce $55 million in debt by turning ownership ...
 Denver Post2 days ago

Australian coal prices put GVK, Adani group projects at risk

MUMBAI: The Australian government has forecast no recovery in coking coal prices in the near term, prompting a leading think tank to warn against any public investments in Galilee coal basin where Indian majors GVK and Adani Group plan major mining ...
 Economic Times2 days ago
Proactive Investors USA

SunCoke To Slash Jobs, Coal Output Amid Weak Prices

Coal producer SunCoke Energy (NYSE: SXC ) said on Monday that it would eliminate some 175 jobs and idle some mines to cut coal production by more than half, among other moves intended to shore up costs amid what it called a "challenging coal price ...
 Investor's Business Daily2 days ago SunCoke to reduce coal output by half, cut 175 jobs  Proactive Investors USA2 days ago
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Coal: The Future Is Still Murky

Summary The fall in crude prices has had a slightly negative effect on coal producers, as falling crude means lower LNG and more pressure on thermal coal spot prices overseas. There is a small probability that China may pass a medium sized ...
 Seeking Alpha2 days ago

Norfolk Southern's Coal Woes Likely To Continue

Summary Virginia based railroad operator Norfolk Southern Corporation (NYSE: NSC) has been facing consistent declines in its coal shipments. Norfolk's net income during the third quarter of 2014 amounted to $559 million, up almost 16% from $482 ...
 Seeking Alpha1 week ago

UPDATE 1-Vale sells stake in Mozambique coal mine to Mitsui for $763 mln

(Adds project finance, analyst comment) By Stephen Eisenhammer Dec 9 (Reuters) - Brazil's Vale SA said on Tuesday it sold a stake in its Mozambique coal mine to Japanese trader Mitsui & Co Ltd for $763 million, as it looks to shore up ...
 Reuters Africa1 week ago Japan's Mitsui set to buy 15% of Vale's $3bn Mozambique coal project  BizNews.com1 week ago UPDATE 1-Japan's Mitsui to buy stake in Vale Mozambique coal project -sources  CNBC1 week ago MITSUI : Japan's Mitsui to buy stake in Vale Mozambique coal project  4 Traders1 week ago
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Patriot Coal gives layoff notices to 670 Kentucky coal workers

TORONTO (miningweekly.com) US miner Patriot Coal has given 670 Kentucky coal miners Worker Adjustment and Retraining Notification (WARN) Act notices, citing low natural gas prices and increasingly stringent regulations as driving down coal prices. ...
 Mining Weekly1 week ago Patriot Coal May Cut Jobs at Kentucky Mines  BusinessWeek1 week ago Patriot Coal Puts Kentucky Miners on Notice of Possible Job Cuts  La Repubblica1 week ago
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