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    coal investing

    Glencore Coal Production Year-to-Date Doubles

    Investing News Network
    Nov. 02, 2012 03:52AM PST
    Industrial Metals

    Mining Weekly reported that despite challenges faced by striking workers, Glencore’s coal production year-to-date was strong.

    Mining Weekly reported that despite challenges faced by striking workers, Glencore’s coal production year-to-date was strong.

    As quoted in the market report:

    Coal production more than doubled over the nine months, thanks to the inclusion of recently acquired South African producers Umcebo and Optimum, which helped offset weakness at Colombia’s Prodeco, hit by a strike at its La Jagua mine.

    To view the whole Mining Weekly report, click here.

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