Articles Tagged "coal production"

Only One Coal Pit to Remain in Britain

Coal – The telegraph reported that Kellingley Colliery in Yorkshire and Thoresby Colliery in Nottinghamshire will close within the next year and a half as the mines are no longer commercially viable, leaving Hatfield Colliery in Ed Miliband’s Doncaster North constituency as the last remaining coal pit in Britain. Cheap imports of US shale gas have combined with a weak dollar to help make UK coal mines unprofitable.

Pacific Coal Sees Q1 Production of 223,346 MT

Coal – Pacific Coal Resources Ltd. (TSXV:PAK) announced that it has filed its financial results for the first quarter of 2013 on SEDAR, noting that it produced 223,346 metric tons (MT) of coal, down from 317,070 MT in the year-ago quarter. Its revenue clocked in at $21.9 million, down from $28.4 million in Q1 2012, while it sold 220,751 MT of coal at an average realized price of $99.10 per MT.