Coal news and updates

Updated daily

• Fitch downgrades Peabody on weak coal market

  29 Jul 2015

  Fitch Ratings has downgraded Peabody Energy’s Issuer Default Rating to CCC, indicating its v... . ...Read More

• Cloud Peak prepares to move dragline

  29 Jul 2015

  Wyoming coal mining company, Cloud Peak Energy, is preparing to move a dragline from its Cordero R... . ...Read More

• Eskom open to coal imports for new power stations

  29 Jul 2015

  Eskom is open to importing coal for plants it still plans to commission, a coal conference heard o... . ...Read More

• CoAL reports updates during 2Q15

  29 Jul 2015

  CoAL reports updates on the Makhado project, the Mooiplaats colliery, the Vele colliery and the Gr... . ...Read More

• Coal auction nets 31 bids for 10 blocks

  28 Jul 2015

  The government has received 31 bids for 10 coal blocks that will be offered in the third round of ... . ...Read More

• Industry majors in race to grab 10 coal blocks on offer

  28 Jul 2015

  Industry biggies like JSW, Hindalco, Jindal Iron and Steel and Vedanta would compete with each oth... . ...Read More

• Successful third-party sampling likely to reduce import of coal

  28 Jul 2015

  After third-party sampling of coal led to delivery of better quality dry fuel and, consequently, t... . ...Read More

• Coal stocks at key Indian ports fall 7% on week to 13.36 million mt

  28 Jul 2015

  Coal stocks at 16 major Indian ports fell 6.5% week on week to 13.36 million mt as of July 24, acc... . ...Read More

• Coal India teams up with ASCI to beef up land-buying procedures

  28 Jul 2015

  State-owned Coal India joins hands with Administrative Staff College (ASCI) in Hyderabad to streng... . ...Read More

• US coal production increases again for week ending 18 July

  28 Jul 2015

  Coal production in the US rose sharply for the week ending 18 July in comparison with the previous... . ...Read More

• Norfolk South profit dented by lower coal and fuel surcharges

  28 Jul 2015

  U.S. railroad Norfolk Southern Corp on Monday reported a lower quarterly net profit as coal freigh... . ...Read More

• Westmoreland improves performance in 2Q15

  28 Jul 2015

  Westmoreland Coal lost US$36.6 million in 2Q15, down from US$63.4 million over the same period las... . ...Read More

• Anglo announces coal EBITDA of US$589 million

  28 Jul 2015

  Anglo American’s coal segment recorded underlying or EBITDA of US$589 million in 1H15 &ndash... . ...Read More

• Prospects for coal in Italy

  28 Jul 2015

  Italy faces challenges of poor economic growth and restricted competitiveness, in part due to hi... . ...Read More

• API 5 FOB Newcastle Coal swap lost m-m and gained w-w

  28 Jul 2015

  API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over m... . ...Read More