BUZZ-Australian coal miners gain ground as coal prices strengthen

Reuters
08/06
BUZZ-Australian coal miners gain ground as coal prices strengthen

** Australian coal miners rise as they track a 5% gain in underlying coal prices

** Coal-focused Coronado Global Resources CRN.AX rises as much as 10.5% to A$0.210, its biggest intraday pct gain since July 25

** New Hope Corporation NHC.AX climbs 1.8%, while Whitehaven Coal WHC.AX, Australia's top independent coal miner, up 1.4%

** Broader mining sub-index .AXMM is up 1.4%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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