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Saturday, November 21, 2009 11:10 AM

Metallurgical Coal

Type: Keyphrase
Name: Metallurgical Coal
First Reported 11/19/2009 - Updated 11/19/2009 - 3 Documents (in Internet & IT)
Cliffs Natural Resources Inc - Click to view 360-page
Cliffs Natural Resources Inc
BANGALORE: Wipro subsidiary Infocrossing signed a five-year deal with the US-based Cliffs Natural Resources Inc, an international mining and natural resources firm, to provide IT infrastructure services, the global software major said Thursday.As part ... [Economictimes - 11/19/2009]
First Reported 22 hours ago - Updated 22 hours ago - 1 Documents (in Energy)
Company: Massey Energy Co. (MEE)Massey Energy Company (MEE) has fully acquired 15 million tons of coal reserves in West Virginia from rival Appalachian Fuels LLC, which went bankrupt recently, for over $6 million. Massey has also acquired permits needed ... [Zibb - 22 hours ago]
First Reported 19 hours ago - Updated 19 hours ago - 1 Documents (in Energy)
Alpha Natural Resources Inc - Click to view 360-page
Alpha Natural Resources Inc
Company: Annuity & Life Re Ltd. (ANR) Emerald Coal Resources, LP, an affiliate of Alpha Natural Resources, Inc. (NYSE: ANR), said that its Emerald longwall mine near Waynesburg, Pa. experienced a roof fall Wednesday that disabled its main conveyor line ... [Zibb - 19 hours ago]
First Reported 15 hours ago - Updated 15 hours ago - 1 Documents (in Internet & IT)
Wipro Ltd - Click to view image in its original context
Wipro Ltd
Info-Tech - New Business Bangalore. Nov. 20Infocrossing, a Wipro Company, has bagged a multiyear deal from Cliffs Natural Resources Inc, an international mining and natural resources company, to provide infrastructure services. Cliffs is one of North ... [Hindu Business Line - 15 hours ago]
First Reported 11/19/2009 - Updated 11/19/2009 - 1 Documents (in Energy)
Stone Fox CapitalYou are currently following Stone Fox CapitalStop FollowingYou are no longer following Stone Fox CapitalAbout this author:Font Size:PrintEmailCloud Peak Energy (CLD) is an IPO spin off from Rio Tinto (RTP) that has huge potential. By ... [Seeking Alpha - 11/19/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 2 Documents (in Internet & IT)
Massey Energy Corporation - Click to view 360-page
Massey Energy Corporation
Massey Energy Co. said Tuesday it has completed an acquisition of 15 million tons of coal reserves in West Virginia from Appalachian Fuels LLC, which went bankrupt.Massey said it also acquired permits needed to develop infrastructure so production can ... [Research & Development - 11/17/2009]
First Reported 11/18/2009 - Updated 11/18/2009 - 1 Documents
Toronto’s S&P/TSX hit a 13-month intraday high for the second session in a row on Wednesday, even as U.S. markets gave up ground in the face of disappointing economic data.The best performers on the index over the last year are oil and gas, mineral and ... [Globe and Mail - 11/18/2009]
First Reported 11/16/2009 - Updated 11/16/2009 - 1 Documents (in Corporate Deals)
(Adds details, background.)European steel makers are complaining to regulators about an iron ore joint venture BHP Billiton Ltd. (BHP) and Rio Tinto PLC (RTP) are planning in Western Australia.The two mining giants, which were in takeover talks last year, ... [RBC Dain Rauscher - 11/16/2009]
First Reported 11/17/2009 - Updated 11/17/2009 - 1 Documents (in Corporate Deals)
Teck will apply the net cash proceeds from this transaction to reduce the outstanding balance of its term debt related to the 2008 acquisition of Fording to approximately US$2.365 billion.About TeckTeck is a diversified resource company committed to responsible ... [Yahoo! Canada - 11/17/2009]
First Reported 11/10/2009 - Updated 11/10/2009 - 2 Documents (in Corporate Deals)
China's $680B stimulus is boosting the economy faster than many westerners expected. Q3 GDP was 8.9% on a annual basis. It was reported that China may reach double digit growth in Q4 as the stimulus kicks in full speed. The second largest economy in the ... [Seeking Alpha - 11/10/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 2 Documents
--- Merger with Foundation Coal Holdings, Inc. successfully completed on July 31, 2009--- Improving metallurgical coal market drives increase in 2010 metallurgical coal shipment guidance--- Third quarter results reflect strong operating and safety performance, ... [Individual.com - 11/03/2009]
First Reported 10/27/2009 - Updated 10/27/2009 - 4 Documents (in Energy)
28/10/2009 - Shares in Centennial Coal dipped after the miner reported a lift in coal sales for the September quarter and said it had seen continued strength in demand for the bulk commodity from Asian-Pacific markets.The company's shares were down 14 ... [IndustrySearch - 10/27/2009]

Quotes

Massey President Baxter Phillips Jr. said his company expects the value of the reserves "to increase significantly as conditions in the metallurgical coal market improve."
...We expect the value of these reserves to increase significantly as conditions in the metallurgical coal market improve. "Massey has more than 2,3-billion tons of coal reserves, 1-billion of which have metallurgical qualities and characteristics."
...to acquire high quality coal reserves in Appalachia and add to our dominant reserve share," said Massey's President, Baxter F Phillips, Jr. "We are pleased to have a strong balance sheet which enables us to continue making opportunistic acquisitions, even during a time in which market conditions are challenging. In particular, we are excited about adding coal reserves in Northern Appalachia to our growing portfolio. We expect the value of these reserves to increase significantly as conditions in the metallurgical coal market improve."
"The net impact is that coking (metallurgical coal markets look likely to remain reasonably tight over the forecast period to 2012."

More Content

All (309) | News (288) | Reports (0) | Blogs (16) | Audio/Video (0) | Fact Sheets (5)
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Teck Announces Closing of Morelos Sale [PR-USA.net - 2 hours ago]
Market Research Report on Steel Industry in Poland [AZoBuild - 15 hours ago]
Infocrossing wins deal [Hindu Business Line - 15 hours ago]
Emerald Mine Experiences Roof Fall - Zibb.com [Zibb - 19 hours ago]
Massey Acquires Coal Reserve - Zibb.com [Zibb - 22 hours ago]
Wipro Infocrossing bags US mining deal [Times of India - 11/20/2009]
Alpha Natural Resources to Speak at Upcoming In... [Stockwatch - 11/19/2009]
Wipro subsi inks deal with mining firm [Economictimes - 11/19/2009]
Wipro Infocrossing inks deal with US mining firm [Yahoo! India - 11/19/2009]
Infocrossing, a Wipro Company, Announces Five-Y... [PR Newswire via MSN Money - 11/19/2009]
Infocrossing, a Wipro Company, Announces Five-Y... [Business Technology - 11/19/2009]
Infocrossing, a Wipro Company, Announces Five-Y... [Financial Services - 11/19/2009]
Cloud Peak IPO Piques Our Interest [Seeking Alpha - 11/19/2009]
Commodities Leading the Rally in Canada [Seeking Alpha - 11/19/2009]
Toronto's best and worst [Globe and Mail - 11/18/2009]
Massey Energy completes coal reserves acquisition [Research & Development - 11/17/2009]
Massey buys more coal reserves from bankrupt miner [Mining Weekly - 11/17/2009]
Massey Energy (MEE) Completes Acquisition of Me... [Street Insider - 11/17/2009]
Teck Announces Closing of Morelos Sale [Street Insider - 11/17/2009]
Teck Announces Closing of Morelos Sale [Canadian Business Magazine - 11/17/2009]
Teck Announces Closing of Morelos Sale [Yahoo! Canada - 11/17/2009]
DJ UPDATE: European Steel Cos Complain About BH... [RBC Dain Rauscher - 11/16/2009]
9 Dividend Stocks Sending More Cash to Sharehol... [Seeking Alpha - 11/13/2009]
Western Coal profit slumps on prices [Mining Weekly - 11/13/2009]
MERGER: Hillsborough and Vitol execute agreement [Canadian Mining Journal - 11/13/2009]
W.Va. high court overturns Harman verdict, bloc... [Individual.com - 11/13/2009]
Flurry of analyst support for Exxaro’s downstre... [Mining Weekly - 11/12/2009]
How Do Shippers Look Now? [Motley Fool - 11/12/2009]
U.S. coal mining stocks rise [United Transportation Union - 11/12/2009]
STOCKS NEWS US-China Housing & Land profit,... [FinanzNachrichten.de - 11/11/2009]
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Coal Warriors: Why U.S. Coal Producers Could St... [WSJ.com: Environmental Capital - 11/19/2009]
King Coal is dead, long live King Coal. For all the talk of a clean-energy, low-carbon future, U.S coal producers might not have such a black future. That’s the ...
China May Be Eying Metallurgical Coal Acquisition [Industrials Sector and Stock Analysis from Seek ... - 11/10/2009]
Kelvin Schulle submits:China's $680B stimulus is boosting the economy faster than many westerners expected. Q3 GDP was 8.9% on a annual basis. It was reported that ...
Indika: May Buy Stakes In BHP Indonesia,Berau C... [Asian Energy - 10/28/2009]
JAKARTA -(Dow Jones)- Indonesian coal producer PT Indika Energy (INDY.JK) may buy stakes in BHP Billiton Ltd.'s (BHP) Indonesian coal operations and in local coal ...
Chinese Stimulus Will Stay to Achieve 8% GDP Gr... [Long Investment Ideas from Seeking Alpha - 10/26/2009]
Kelvin Schulle submits:Last Thursday, the world learned China achieved 8.9% in Q3 based on year over year, while for the first three quarters the nation achieved ...
Chinese Stimulus Will Stay to Achieve 8% GDP Gr... [Industrials Sector and Stock Analysis from Seek ... - 10/26/2009]
Kelvin Schulle submits:Last Thursday, the world learned China achieved 8.9% in Q3 based on year over year, while for the first three quarters the nation achieved ...
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