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CRN Coronado Global Resources News Story

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Basic MaterialsSpeculativeSmall CapValue Trap

Australian coal miners drop as commodity price takes a hit

** Australian coal miners lose on the day after coal prices plunge over 3%

** Country's top independent coal miner Whitehaven Coal WHC.AX drops as much as 2.2% to A$6.3, its lowest level since July 21

** Coronado Global Resources CRN.AX falls 2.6%, while New Hope Corp NHC.AX drops 1.2%

** Broader mining sub-index up 0.1%, helped by BHP's BHP.AX 0.3% climb

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))

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