Coal of Africa Limited shares of Coal of Africa were up 12% at 9:54 a.m. ET after the junior coal producer announced it struck a marketing deal to expand its exports of coking and thermal coal.
Australian Whitehaven Coal Ltd shares went downhill Monday after a fake press release allegedly from the coal miner's major lender, Australia and New Zealand Banking Group, claimed it had withdrawn from a $1.3 billion debt facility.
Hundreds of protesters gathered in Doima, a small town in central Colombia, about 80 km West of the capital Bogota, to oppose a proposed AngloGold Ashanti (NYSE:AU) (JSE:ANG), gold processing plant for its 100%owned La Colosa project.
The operation —a joint venture between BHP Billiton (ASX, NYSE:BHP), Anglo American (LON:AAL) and Xstrata (LON:XTA)— produced 34.6 million tons of coal last year, 4% more than the projected 33.3 million tons and exported 32.8 million tons, 2.5% over the 32 million ton target.
