Coal market boom casts bullish trajectory for Corsa as it prowls for M&A ops

Surprising as it may seem, coal demand is at an all-time high, with the current heydays spelling “good profits and rising margins” for several miners in this space, including US-focused Corsa Coal. The TSX-V-listed miner, which produces coal from six mines, has one development mine and operates three preparation plants, has weathered the unprecedented price downturn without needing bankruptcy protection and is now poised to double metallurgical coal sales over the next two-and-a-half years, CEO George Dethlefsen tells Mining Weekly Online in an interview.