Copper $ 5.462 / lb 1.89%
Brent Crude Oil $ 63.75 / bbl 0.71%
Palladium $ 1502.2 / ozt 1.36%
Crude Oil $ 60.08 / bbl 0.64%
Natural Gas $ 5.289 / Btu 4.18%
Silver Futures $ 59.053 / ozt 2.59%
Aluminum Futures $ 2861 / ton 0.00%
Micro Gold Futures $ 4273.8 / ozt 0.14%
Micro Silver Futures $ 59.053 / ozt 2.66%
Platinum $ 1660.5 / ozt -0.17%
Gold Futures $ 4243 / ozt 0.08%
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Peabody, Arcelor willing to pay more for Macarthur even as coking coal heads to $240/tonne

Frik Els | October 24, 2011 | 6:10 pm Energy Asia Australia Europe Coal 

Stock in US coal giant Peabody Energy and India's ArcelorMittal surged on Monday after their joint bidding vehicle secured a 59.85% stake in Australian metallurgical-coal miner Macarthur Coal and raised its offer for the whole of the company to $5.1...

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