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Friday, 03 July 09
UKRAINE CUTS COAL PRODUCTION 9.3 PERCENT IN H1
Ukraine reduced coal production approximately 9.3%, or by 3.673 million tonnes, to 35.879 million tonnes in the first half of 2009 compared to the same period of 2008, the Coal Ministry told Interfax.
Coking coal production fell 11.9% to 12.599 million tonnes in the half, while steam coal output fell 7.8% to 23.281 million tonnes.
Coal production was still 15.5% above the target set by the Coal Ministry, including 4.7% above for coking coal and 42.8% for steam coal.
State-owned coal mines reduced production 15.6% to 19.408 million tonnes in the period, including 4.72 million tonnes of coking coal, down 12%, and 14.688 million tonnes of steam coal, down 16.6%.
Coal production in Ukraine rose 3% in 2008 compared with 2007 to 77.673 million tonnes, including 26.642 million tonnes of coking coal, down 6.2%, but 51.031 million tonnes of steam coal, up 8.5%.
The Coal Ministry has said state-run mines might cut coal output 7.2% to 42.7 million tonnes this year due to falling demand for coal.
Source:Kyivpost (http://www.kyivpost.com/nation/44505)
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Saturday, 20 June 09
MINING LICENSE PROCEDURES `PROPER' - (UPDATE 3)
All 13 coal mining firms operating in Sawahlunto, West Sumatra, complied with procedures in obtaining their licenses, authorities say, as a recent m ...
Saturday, 20 June 09
TECK SEES 2009 COAL SALES AT UPPER-END OF FORECAST
* Sees 2009 coal sales at upper-end it of prior forecast
* Says increased Chinese demand, driving brighter outlook
Teck Resources Ltd said on Fr ...
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for ...
Saturday, 20 June 09
AUSTRALIA'S NEWCASTLE THERMAL COAL PRICES FALL 7.7% TO $70.81
Power station coal prices at Australia’s Newcastle port, a benchmark for Asia, fell 7.7 percent, declining for the first time since the week e ...
Saturday, 20 June 09
CHINA'S COAL IMPORTS UP AND EXPORTS DOWN
China’s coal import hit a new monthly high in May, while coal export slumped to a 11-year low, China Securities Journal reported today.
The ...
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