SUGAR LAND, TX -- (Marketwire) -- 12/20/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Mining companies continue to slash capital spending for 2013, especially in the U.S. coal sector, which has lost significant market share among power generators. Low natural gas prices and a warmer-than-normal winter season have combined to reduce U.S. coal consumption in 2012. As a result, many mining companies have announced significant production and capital expenditure scale-backs for 2013.
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