Cline to meet obligations despite coal mine closure
Jul 18, 2012 | 10:18 AM
| Stacy Irish
NEW YORK Canadian metallurgical coal producer Cline Mining Corp. said it believes it can meet its financial obligations in the medium term, despite suspending production at its New Elk Mine, according to a results statement released this week.
Last week, the miner announced plans to halt production at its New Elk coal mine in southern Colorado and cut the work force by 78 percent due to weak demand for coking coal. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.