Coal Prices To Jump 10% In 2010

Coal companies are locking in some advantageous deals, as the broad economy juggernaut rallies forth. Look out for coal stocks in 2010.

Corporates are showing the way. Coal miner Consol Energy’s board has approved a capital budget of $1-billion for this year, including $400-million for subsidiary CNX Gas Corporation, in which Consol is a majority shareholder.

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