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Arch Coal brings production in line with demand

IN THE wake of a state of oversupply and weak power demand, US coal miner Arch Coal has cut its rate of coal production at its eastern and western operations by about 7%.

MiningNews.Net

The company is cutting its 2002 capital expenditure budget from its previous estimate of US$180-200 million to an expected US$150 million. "While we are seeing the initial signs of an economic recovery,...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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