0812-701-5790 (Telkomsel) Marine Surveyor PT.Binaga Ocean Surveyor (BOS)

0812-701-5790 (Telkomsel) Marine Surveyor PT.Binaga Ocean Surveyor (BOS)
MARINE SURVEY

Tuesday, August 30, 2011

CoalWeek Daily Newsletter

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Tuesday, 30 August 2011
global coal industry coverage
NEWS

Russia starts shipping coal from Yakutia deposit

Deposits in the area said to be the largest in Russia.[$]

Prophecy Coal secures deals in Russia, Mongolia

Firm to deliver 92,000 tons of coal from Mongolia based mine.

Macarthur endorses Peabody, ArcelorMittal bid

Firms have valued firm at $5.16 bn.

Australian coal prices down on lower India demand

Prices drop on steel production cuts and alternate buying.[$]

Chinese coal output increases in first seven months

Output up 13.5% from Jan-July.[$}

Glencore unit acquires stake in Optimum Coal

Piruto unit acquires 14.1% stake in Optimum Coal.

QR National Q1 results in line with expectations.

Company posts maiden net profit, despite softer coal volumes.

US government mulls new safety systems for coal mines

Proposed systems to protect workers from machines located in concessions.

Credit Suisse introduces coking coal swaps

Company concludes first swap transaction for 60,000 tons of coking coal.

Cerrejon to reduce Asian exports

Company to reduce export as Colombian coal becomes uncompetitive.

Ukraine vows to reinvigorate coal mining sector

Government labels industry restoration as national priority.[$]


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The CoalWeek Newsletter is a daily e-mail update about what's new on www.coalweek.com. Each issue briefly highlights articles by CoalWeek on the global coal business from the business world.

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