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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by metnewson Aug 20, 2011 11:40am
425 Views
Post# 18963298

Met Coal News:

Met Coal News:
MCN

Alpha Natural Resources, Inc.   (NYSE:ANR) percentagechange dropped -9.55%, to close at $29.45 and its overall traded volumewas 8.51M shares in the last trading session. ANR opened at $30.63 andis trading within the range of $29.05-$30.83. The 52-week range of thestock is $26.05 – $68.05. ANR’s market capitalization is $6.67B and ithas 226.55M outstanding shares.Alpha Natural Resources, Inc. (Alpha) is acoal supplier in the United States. The Company is a supplier andexporter of metallurgical coal for use in the steel-making process, and asupplier of thermal coal to electric utilities and manufacturingindustries. It operates 66 mines and 13 coal preparation plants inNorthern and Central Appalachia and the Powder River Basin. The Companyoperates in two segments: Eastern Coal Operations and Western CoalOperations. Eastern Coal Operations consists of the mines in Northernand Central Appalachia, its coal brokerage activities and the Company’sroad construction business. We stern Coal Operations consists of twoPowder River Basin mines in Wyoming. During the year ended December 31,2010, steam coal and metallurgical coal accounted for approximately 86%and 14% of its coal sales volume. During 2010, Alpha sold a total of84.8 million tons of steam and metallurgical coal.

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