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Coal and Consumable Fuels

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  • The world's biggest miner is expected to report a 34 percent slide in half-year underlying attributable profit to $5.1 billion, but within that, Deutsche Bank sees earnings from aluminium nearly tripling while manganese earnings are seen improving by around 45 percent. "These divisions will get a bit more attention than usual given their importance in...

  • HOUSTON, Feb 23- Shale oil producers are throttling back so quickly on drilling that U.S. crude output could fall sooner than expected, within months, executives say as they slash costs to cope with tumbling crude prices and compete with Persian Gulf rivals. For one, companies are cutting costs deeper and faster than before as Wall Street investors increasingly...

  • Company plans to resume work at Arizona uranium mine Sunday, 22 Feb 2015 | 12:00 PM ET

    The move by Energy Fuels Resources Inc. comes amid a lawsuit challenging the Canyon Mine on national forest land about six miles southeast of Tusayan. Energy Fuels is an intervener in the case. The court previously declined a request from the plaintiffs to keep Energy Fuels from doing any more drilling to reach the body of ore until the case was resolved.

  • Final Glance: Coal companies Friday, 20 Feb 2015 | 6:00 PM ET

    Arch Coal rose$. 03 or 2.2 percent, to $1.37. Consol Energy Inc. fell$. 16 or. 5 percent, to $33.83. Peabody Energy fell$. 20 or 2.5 percent, to $7.66.

  • Midday Glance: Coal companies Friday, 20 Feb 2015 | 1:36 PM ET

    Arch Coal rose$. 01 or. 7 percent, to $1.35. Consol Energy Inc. fell$. 22 or. 6 percent, to $33.77. Peabody Energy fell$. 24 or 3.1 percent, to $7.62.

  • Early Glance: Coal companies Friday, 20 Feb 2015 | 10:50 AM ET

    Arch Coal rose$. 04 or 3.0 percent, to $1.38. Consol Energy Inc. rose$. 03 or. 1 percent, to $34.02. Peabody Energy fell$. 11 or 1.4 percent, to $7.75.

  • Final Glance: Coal companies Thursday, 19 Feb 2015 | 6:03 PM ET

    Arch Coal rose$. 03 or 2.3 percent, to $1.34. Consol Energy Inc. rose$. 58 or 1.7 percent, to $33.99. Peabody Energy rose$. 33 or 4.4 percent, to $7.86.

  • Midday Glance: Coal companies Thursday, 19 Feb 2015 | 1:28 PM ET

    Arch Coal fell$. 03 or 2.3 percent, to $1.28. Consol Energy Inc. rose$. 20 or. 6 percent, to $33.61. Peabody Energy rose$. 12 or 1.6 percent, to $7.65.

  • Early Glance: Coal companies Thursday, 19 Feb 2015 | 10:50 AM ET

    Arch Coal fell$. 07 or 5.3 percent, to $1.24. Consol Energy Inc. fell$. 36 or 1.1 percent, to $33.05. Peabody Energy fell$. 20 or 2.7 percent, to $7.33.

  • Final Glance: Coal companies Wednesday, 18 Feb 2015 | 6:30 PM ET

    Arch Coal rose$. 08 or 6.5 percent, to $1.31. Consol Energy Inc. fell$. 05 or. 1 percent, to $33.41. Peabody Energy fell$. 08 or 1.1 percent, to $7.53.

  • MOSCOW, Feb 18- Indebted Russian coal and steel producer Mechel has sold its U.S.-based Bluestone coal business back to its original owner, the James Justice family, in an attempt to free up cash to service its debt, Mechel said on Wednesday. Six years ago, Mechel bought the business from the Justice family from West Virginia for $436 million in cash plus preferred...

  • Early Glance: Coal companies Wednesday, 18 Feb 2015 | 10:53 AM ET

    Arch Coal rose$. 05 or 4.1 percent, to $1.28. Consol Energy Inc. rose$. 09 or. 3 percent, to $33.55. Peabody Energy rose$. 11 or 1.4 percent, to $7.72.

  • BOGOTA, Feb 17- U.S.-based Drummond said it expects coal production in Colombia this year to reach about 30 million tonnes as it increases mining even as prices remain low, its Colombia president Jose Miguel Linares said on Tuesday. Colombia's second biggest coal miner produced about 26.8 million tonnes last year, up 17.5 percent from 2013. The company is...

  • CALGARY, Alberta, Feb 17- Canadian National Railway Co said on Tuesday it has nearly completed repairs on a stretch of its mainline track in northern Ontario after a crude train derailed on the weekend, spilling oil and causing several of the cars to burn. Late on Saturday night, 29 cars carrying Alberta oil sands crude to eastern Ontario derailed from the track and...

  • Feb 17- Walter Energy Inc forecast a 10 percent drop in sales volume of steel-making coal for 2015 due to sluggish Chinese and European demand, sending its shares down as much as 11 percent. Walter had said in April it would stop production at its Wolverine and Willow Creek mines in British Columbia and temporarily lay off about 700 employees.

  • Feb 17- U.S. coal miner Walter Energy Inc reported a bigger-than-expected quarterly loss as it sold less metallurgical coal after suspending mining operations in Canada. Walter Energy also forecast metallurgical coal sales to fall to 8.5 MMTs to 9 MMTs in 2015 from $9.7 MMTs in 2014, helping to send its shares down more than 8 percent to $1.00 in premarket...

  • This firm's shares get hit after Enron comparison Tuesday, 17 Feb 2015 | 6:16 AM ET

    Noble's shares dropped for a second day despite analysts' skeptical view of an anonymous, critical research report comparing the company to Enron.

  • LONDON, Feb 16- U.S. shale producers have responded even more quickly to lower oil prices than analysts expected, which should ensure shale production hits a plateau by May or June and is sustained rather than falling in the second half of the year. The number of rigs drilling for oil in the United States declined by another 84 last week, according to oil field...

  • TORONTO, Feb 12- Teck Resources Ltd said on Thursday it might have to reduce its dividend in July if industry-wide cuts in the production of steelmaking coal fail to lift prices from current historically low levels. To bring the market back into balance, an additional 12 million tonne reduction in supply is needed above the 30 million tonnes announced since...

  • TORONTO, Feb 12- Shares in Teck Resources Ltd rose on Thursday after the diversified Canadian miner posted quarterly revenue and gross-profit figures that beat analysts' expectations, with currency gains and lower oil costs offsetting the blow from falling commodity prices. Shares in the Vancouver- based miner rose 3.6 percent to C $18.25 in Toronto.