Anglo faces headwinds in keeping restructuring on track
Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.
Metallurgical coal mining company Grande Cache Coal Corp cut its 2012 coal sales forecast as it expects production to be affected by the challenging mining conditions.
The company now sees coal sales volumes of 2.2-2.4 million tonnes, down from the previous forecast of 2.4-2.6 million tonnes.