Tuesday, April 20, 2010

Anglo Coal sees coal prices steady at $85 per ton

Anglo Coal’s head, told journalists he expects the price of coal to be around $85 per ton this year (according to the Business Day)

“Those are exciting prices and we think they will be maintained,” Mbazima said during a visit to the company’s Landau coal mine in SA’s eastern province of Mpumalanga.

Mbazima said he also expected the company to export around 16-million tons of coal, unchanged from last year, despite railing hitches to the export terminal.

www.directinvestment.biz

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