Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (35965)	4/23/2009 3:01:17 PM
From: LoneClone	Read Replies (1) \| Respond to of 194034

Newcastle coal exports jump by 64% Thursday, 23 Apr 2009 steelguru.com Coal exports from Australia's Newcastle port jumped by 64% in the past week while the number of coal ships arriving also increased, indicating firm demand for the fuel. Port data showed that exports from the eastern coast port, which ships mostly thermal coal used in power generation, rose to 1.65 million tonnes in the week to April 20th 2009. A spokesman for the port said that the sharp increase was in part due to port operations returning to normal after some restrictions were imposed on vessel traffic the previous week due to bad weather. Industry sources said that regional demand for Australian coal had also picked up in recent weeks as low prices encouraged Asian utilities to step up purchases.