Top U.S. Coal Producers Up; India Sells $3.6 Billion Stake In State-Run Mines


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


The four top U.S. coal producers were higher Friday for reasons that were unclear.

The movement came as India sold a 10 percent stake in Coal India Ltd. (BOM:533278), the world's largest coal producer, for $3.6 billion Friday. But Coal India was off recently nearly 4 percent on the Bombay stock exchange.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

U.S. producer Alpha Natural Resources Inc. (NYSE: ANR) gained more than 4 percent recently, changing hands at $1.01 a share.

Peabody Energy Corp. (NYSE: BTU) was up nearly 1.5 percent to $6.21.

Arch Coal Inc. (NYSE: ACI) gained by a similar percentage to $0.92 a share and Cloud Peak Energy Inc. (NYSE: CLD) was up nearly 3 percent to $4.81.

The Dow Jones U.S. Coal Index (INDEXDJX: DJUSCL) picked up 0.6 percent recently, changing hands at $80.52.

The comparatively small Australian-based Carbon Energy Ltd. (ASX: CNX), focused on goal gasification projects in Australia and Asia, gained more than 9 percent on the Sydney stock exchange, trading recently at $0.035 cents a share.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsWall Street JournalIntraday UpdateMedia