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Coronado to buy CONSOL's Buchanan mine for US$420 million

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29 February 2016, Coronado Coal agreed to purchase the Buchanan longwall mine and some additional assets from CONSOL Energy for US$420 M, including US$398 M of cash payable at closing. This report details the assets included in the transaction, their key metallurgical coal quality metrics, and an analysis on how the consideration paid compares to Wood Mackenzie's estimated net present value.

Table of contents

  • Event
  • Implications

Tables and charts

This report includes 2 images and tables including:

  • Buchanan operational overview (nominal dollars)
  • Price assumptions

What's included

This report contains:

  • Document

    Coronado to buy CONSOL's Buchanan mine for US$420 million

    PDF 258.57 KB