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    coal investing

    Hunter Valley Storm Forces Closure of Coal Mines

    Investing News Network
    Apr. 23, 2015 04:09AM PST
    Industrial Metals

    Australian Mining reported that coal mines in the Hunter Valley are slowly returning to production after being forced to shut due to severe storms earlier this week.

    Australian Mining reported that coal mines in the Hunter Valley are slowly returning to production after being forced to shut due to severe storms earlier this week.

    As quoted in the market news,

    More than 300-400mm of rain fell in the Hunter Valley over Monday and Tuesday, forcing the operations to close.

    Peabody Energy also closed its Wambo mine, while Anglo American’s Drayton operations were disrupted sporadically from Monday night with the pit closed fully at 8pm Tuesday night. However by 9.30am Wednesday morning the pit was reopened.

    Click here for the full Australian Mining report

    coal investingmining report
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