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    coal investing

    CanAm Reports Second Quarter Coal Sales of 81,000 Tons

    Investing News Network
    Sep. 08, 2011 02:03PM PST
    Industrial Metals

    CanAm Coal Corp. (CVE:COE) announced its sales of coal during second quarter 2011.

    CanAm Coal Corp. (TSXV:COE) announced its sales of coal during second quarter 2011.

    The press release is quoted as saying:

     Coal sales were up 50,798 tons from the previous quarter of fiscal 2012. The second quarter marks the first quarter that includes coal sales from Birmingham Coal & Coke (“BCC”), an Alabama based coal mining operation in which the Company acquired a 50% ownership stake on May 1, 2011.

    Tim Bergen, CEO, says:

    “The second quarter is another major milestone for the Company as we are, for the first time, reporting our share of production from the Bear Creek, Old Union and Gooden Creek mines.`

    Click here to read the entire news release.

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