Yanzhou Coal Mining Co (NYSE:YZC), China’s third biggest coal producer, said its Australian subsidiary posted a 4.56 billion yuan (A$832 million) loss in 2013, in stark contrast to a A$375 million profit in the year before. Against the odds Yancoal Australia is stepping up expansion in the country, awaiting regulatory approval for a A$120 million project. Yanzhou Coal Mining Co Ltd (ADR) (NYSE:YZC) stock opened at $6.78 in last session, and closed at $6.68, while the day range of stock is $6.62 – $6.80. The stock showed a negative weekly performance of -5.11%.
Investment analysts at RBC Capital lowered their price target on shares of Dominion Diamond Corp (NYSE:DDC) from $23.00 to $20.00 in a note issued to investors on Tuesday, American Banking News.com reports. Dominion Diamond Corp (NYSE:DDC) stock opened at $14.22, in last session and closed at $13.96, by losing -1.90%. The 52 week range of the stock is $11.94 – $17.02. Company’s market capitalization is $1.19 billion.
China GengSheng Minerals, Inc. (NYSEMKT:CHGS)is a holding company operating in the materials technology industry. The Company develops, manufacture and sell a range of mineral-based, heat-resistant products. It operates in four segments: refractories, industrial ceramics, fracture proppants and fine precision abrasives. China Gengsheng Minerals Inc (NYSEMKT:CHGS) stock decreased -2.71% and finished the last session at $0.485. The EPS of the stock remained -0.52. Company’s market capitalization is $13.00 million.
Sherritt sold the mine to Colorado-based coal giant Westmoreland Coal Company (NASDAQ:WLB) which will take over at the end of March, though Sherritt will remain involved in the cleanup, Schadan said. Westmoreland Coal Company (NASDAQ:WLB) stock opened the session at $23.39, and closed the session at $23.19. The 52 week range of the stock remained $10.77 – $24.98 and the day range was $23.05 – $23.49.
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