A strong showing from the big four of world traded coal, with a continuing bounce from North American producers, ensured another happier month for world coal equities investors. The MCR coal stock list, compiled by Credit Suisse, showed the major stocks, also fuelled by a positive earnings reporting season (so far) and their diversification in other commodities, put in one of their better monthly performances. Led by a near 18 percent jump in the European quote for BHP Billiton, the big four resumed their stellar 2006 run after a faltering start to the New Year. Anglo was ahead more than 10 percent, with Rio Tinto almost matching the pace and Xstrata also building on its status as the group's biggest gainer over the past year.
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