Yancoal Australia sees coal markets remaining oversupplied

Yancoal Australia warned it expected coal markets to remain weak as it slid into the red due to plunging coal prices, writedowns on mining tenements and a weaker Australian dollar having an impact on its US dollar debt.

via Business feed http://www.scmp.com/business/companies/article/1297721/yancoal-australia-sees-coal-markets-remaining-oversupplied