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CanAm Coal Corp. (CVE:COE) announced a substantial increase to first quarter coal sales over the same period last year.
CanAm Coal Corp. (TSXV:COE) announced a substantial increase to first quarter coal sales over the same period last year.
The press release is quoted as saying:
Sales prices realized for both metallurgical and thermal coal increased as compared to Q1 of fiscal 2011. The average coal price realized for metallurgical coal increased to US$134 per ton in Q1 as compared to US$114 per ton in Q1 of the prior fiscal year or an increase of 17%.
Click here to read the entire news release.