Coal production en Low prices prompt coal production cuts <p>With continued weak prices for coal, one of Wyoming’s largest coal companies is planning to reduce production.</p><p>During a meeting with investors to discuss third quarter results, Cloud Peak CEO Colin Marshall said the company is looking to cut 10 million tons at the Cordero Rojo mine near Gillette in 2015. That’s roughly 10 percent of the company’s overall production in the Powder River Basin.</p> Thu, 31 Oct 2013 00:51:30 +0000 Stephanie Joyce 49179 at Low prices prompt coal production cuts Coal production slows, prices drop <p><strong>Coal production and coal prices are down and stakeholders are offering up lots of reasons as the cause, from weather to new policies and competing fuels. Wyoming Public Radio’s Irina Zhorov reports that it’s a combination of all these factors.&nbsp; </strong></p><p>Irina Zhorov: There is no doubt coal is struggling right now. Karim Rahemtulla is the Senior Correspondent for investment blog Wall St. Daily.</p><p>Rahemtulla: The predominant trend that’s in the market right now is a slowdown in consumption, directly related to coal, not necessarily other energy sources.</p> Fri, 10 Aug 2012 23:27:37 +0000 Irina Zhorov 28370 at Coal production slows, prices drop