CanAm Coal Corp. reported that it has renewed two customer contracts that expired on December 31, 2013. Both contracts are with industrial users and total contracted volume for 2014 is 96,000 to 120,000 tons at pricing which is either the same or slightly up from 2013.

One of the customers increased its volume commitment for 2014 by 50%. Also, one contract extends into 2017 which include price escalation provisions for each of the contract years.