RECENT NEWS
Reuters  Jun 19  Comment 
* Some scenarios assume partial dilution of current owners
The Australian  Jun 16  Comment 
AUSTRALIA’S major coal producers have surprised with “remarkable” cost-cutting.
Wall Street Journal  Apr 24  Comment 
Peabody Energy said its first-quarter loss widened, as the coal producer continued to struggle with softer coal prices.
Resource Investor  Apr 11  Comment 
Analysts think the E.U.'s biggest coking coal producer spent too much on a Polish mine.
Resource Investor  Apr 8  Comment 
A weak contract with Asian buyers means coal producers are less likely to export a certain type of the commodity.
Reuters  Apr 3  Comment 
UK Coal, Britain's largest coal producer, has applied for a 10 million pound government loan to help fund the closure over the next 18 months of its two deep mines which employ around 1,300 people.     
DailyFinance  Apr 1  Comment 
KNOXVILLE, TENNESSEE -- (Marketwired) -- 04/01/14 -- Xinergy Ltd. (TSX:XRG) (the 'Company'), a Central Appalachian coal producer, today announced that it has completed a US$4.95 million non-brokered private placement financing through the sale of...
The Australian  Mar 30  Comment 
AUSTRALIA’S coal producers could be set for further pain with contract prices continuing to fall.
SeekingAlpha  Mar 26  Comment 
By Zoltan Ban: According to EIA data, in 2013, total US natural gas production increased by one percent. It was the smallest increase since the shale gas fracking revolution began. If it wasn't for one particular shale gas field, which also...




 

In the U.S., more than 90% of coal is used for the purpose of generating electricity and almost half of all electriity in the country comes from burning coal. [1]

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