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Tag: coal stock

Prophecy Coal Provides Sales Update

Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF,FWB:1P2) reported that since September 2011, it has sold and delivered some 188,915 tonnes of thermal coal, including 8,055 tonnes to Russia, 23,543 tonnes to private Mongolian companies, and 157,317 tonnes to Mongolian government owned power plants. In 2012, it has contracts to deliver an additional 228,388

Coal Market Trends of 2010

Global demand for coal drove prices up in 2010, and this trend should continue in coming years, due in part to growing energy needs of the world’s two largest consumers of coal: India and China.

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