MARKETS

Spot coal price surge propels miners' share prices

BATHURST Resources has attributed a 50% rise in its share price this week to a spike in the spot price of coking coal, which is now more than $US150 per tonne - a 51% rise since the start of August.

Lou Caruana
Spot coal price surge propels miners' share prices

Inresponse to a “speeding ticket” from the Australian Securities Exchange, theNew Zealand coal producer said:  “Apossible explanation for the recent trading in the company’s securities is thecontinued...

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