Coal - 27 October 2015

The largest coal miner in the US, Peabody Energy, has announced a loss of US$304.7 million in 3Q15 as low gas prices continue to subdue demand for coal.

CNX Coal Resources LP reports its financial and operating results for 3Q15.

Consol Energy reports net income of US$119 million for 3Q15. Its coal division produced 7.3 million short t but average sale prices have seen declines compared to 3Q14.

Paul Baruya’s latest report for the IEA Clean Coal Centre, Coal contracts and long-term supplies, examines long-term fuel supply contracts, where they are used and the features that make them attractive to many utilities.