Gcm Resources Share Discussion Threads

[baxtea1] 31/7/2019 10:26

All good here thanks Jay, busy time of year for me, hope you’re enjoying your break.

[zippy123456] 31/7/2019 10:03

Fair comment Bax,

Point taken on board.

TBH, struggle to understand his English anyway.

GL

[jayviper] 31/7/2019 09:57

Good point Bax.

Hope all is well mate.

[baxtea1] 31/7/2019 09:46

Considering you were all going to ignore him, you all seem to be giving him the attention he seeks.

[behuge] 31/7/2019 09:04

Who said Coal is finished?? 😂😂😂😂

Glencore raises coal output 10% in H1

Coal Freight
23 MINUTES AGO
Photo: 360b/Shutterstock.com
Photo: 360b/Shutterstock.com
LAURENCE WALKER
London
31 Jul 2019
09:38 CET
(Montel) Glencore raised its coal production 10% in the first half to a total of 68.2m tonnes, due in part to additional Australian supply, the Anglo-Swiss trading and mining firm said on Wednesday.
The increase reflected contributions from the company’s acquisition of shares in the Australian HVO and Hail Creek mines in 2018 as well as a recovery in output at its Colombian Prodeco mine, it said in its first half production report.

Australian thermal coal production for export climbed 5% to 31m tonnes while Colombian production from Prodeco’s two mines rose 33% to 7.3m tonnes.

But output from its share in the Colombian Cerrejon mining complex – owned jointly with Anglo American and BHP Billiton – was down 19% at 4.2m tonnes.

“Higher production at Prodeco, following a period of increased mine development [and] a strong operational performance in South Africa [was] partly offset by lower Cerrejon production to meet air quality requirements,” it said.

This was in reference to hot weather, which caused high levels of dust.

In South Africa, a rise in domestic production – by 72% to 7.4m tonnes – offset a 16% decline in export volumes down to 6.7m tonnes.

Glencore said earlier this year it expected to produce 145m tonnes of coal this year, a 12% rise on last year’s volumes.

[behuge] 31/7/2019 08:52

Funny how many big heads here for no brains 😂😂

[behuge] 31/7/2019 08:48

RNS on the way

[al h] 31/7/2019 08:16

BeHugeBellEnd probably has many extra IDs on here, and being one sick puppy ticks itself up to make itself feel good. There really are some warped individuals on these boards.

[behuge] 30/7/2019 20:10

Chinese renewable energy investment abroad soars – but coal still dominant
Greenpeace study of growth in energy projects in Belt and Road Initiative countries shows solar investments rocketing
But coal capacity continues to rise after earlier study had found China was supporting more than a quarter of all new coal-fired plants worldwide

[jayviper] 30/7/2019 17:58

3 year buying spree!

Where does he get all this money from?

Maybe I could join this made up bank and prerend to own 60% of GCM