
Coal News & Price Data – November 1, 2023 – Corsa Coal Earnings Disappoint
Corsa Coal Corp. reported adjusted EBITDA of $6.1 million, total revenue of $51.1 million, and EPS of $0.18 per diluted share.
Corsa Coal Corp. reported adjusted EBITDA of $6.1 million, total revenue of $51.1 million, and EPS of $0.18 per diluted share.
CONSOL Energy Inc. reported its financial results for the period ending September 30, 2023.
Whitehaven Coal’s acquisition of two coking coal mines from BHP is expected to boost earnings per share by 93% by 2025
Arch reported net income of $3.91 per diluted share, meeting analysts’ estimates but down from $8.68 in the same period last year.
After Peabody released earnings on Thursday morning, the market sold the stock off heavy and there wasn’t a good reason why.
Australian metallurgical coal prices have seen a small rally, influenced by factors like supply tightness and market tactics.
ARCH Resources & Peabody Energy reported Q3 earnings this morning. Earnings calls will take place at 10 and 10:30 am.
We kick it off tomorrow (Thursday morning) with Arch at 10 am and Peabody at 11 am.
Teck raised the cost estimate for its Quebrada Blanca 2 copper project due to further construction delays.
Australian mining company South32 experienced an unexpected 18% decline in first-quarter metallurgical coal production.
The interest in seaborne metallurgical coal in China is waning due to a slowdown in steel production and sustained losses in steelmaking.
In first half of October, coal stocks at power plants in India experienced a rapid depletion, dropping by 12.6% to 20.58 million tonnes.