M and A activity still going on in the coal industry with...

M and A activity still going on in the coal industry with premium dollars being paid..

PTT offers $960m to buy out Sakari to increase coal assets

http://www.miningweekly.com/article/ptt-offers-960m-to-buy-out-sakari-to-increase-coal-assets-2012-08-27


GVK MD Paul Mulder sums it up nicely with;

"The realities are that people still need to turn on the lights - they have a massively expanding base of people coming out of poverty," he said.

http://www.abc.net.au/news/2012-08-27/alpha-miner-downplays-lower-coal-prices/4224664?section=qld