China’s Coal Price Influence Could Fall
China is the clear "king of coal." But as the nation’s economy stagnates, other emerging markets are gaining ground and could reshape how thermal coal prices are determined.Continue reading...
View ArticleProfiting from the Asian Coal Race
Japan is joining Asia’s battle for coal resources. Who will benefit from the rush for new supply?Continue reading...
View ArticleIndia’s Energy Shortage Draws Attention in Wake of Coalgate
Coal India's inability to supply adequate coal to India's electricity providers is causing power shortages in the energy-hungry nation.Continue reading...
View ArticleIndonesia Could Take Hit from China’s Coal Plan
The Wall Street Journal reported that a plan from China's National Energy Administration that effectively bans the import of large volumes of low-quality coal will mainly effect Indonesia if it is...
View ArticleIndonesian Coal Industry Facing Problems
Forbes reported that low coal prices, China's proposed import ban on low-quality coal and the Indonesian government's hunt for more tax revenue from the fuel are presenting problems for Indonesian coal...
View ArticleIndonesian Coal Production Could Fall 40 Percent in 2014
Reuters reported that if the Indonesian government goes through with its plan to increase royalties paid by mining permit holders, the country's coal production could drop by up to 40 percent next...
View ArticleIndonesian Coal Mining Association Seeks Delay in Royalty Increase
Reuters reported that the Indonesian Coal Mining Association has asked the country's government to delay its plan to increase royalties paid by mining permit holders on the grounds that the industry is...
View ArticleWeak Rupee Hurting Indonesian Coal Suppliers
Reuters reported that a "sharply lower rupee" has pushed Indian buyers to reduce shipments from Indonesia, a top thermal coal exporter. They are also looking to renegotiate contracts with the country....
View ArticleIndonesia Short $5 Billion Due to Illegal Coal Mining
Reuters reported that although Indonesia is the world's top exporter of thermal coal, every year over $5 billion worth of the fuel is mined illegally and as a result goes untaxed. Continue reading...
View ArticleMajor Mines Threatened by Reduced Chinese Coal Demand
Reuters reported that many coal mine investments over the past 10 years were driven by Chinese demand for the fuel. As a result, the country's plan to address pollution is now threatening major coal...
View ArticleIndian Coal Imports Rise as Mine Capacity Stagnates
Reuters reported that India's 2013 April to October coal imports increased 20 percent, to 105.8 million tonnes. That's largely because "[r]egulatory and bureaucratic delays" in expanding existing mines...
View ArticleThe Thermal Coal Market in 2014: Slow and Steady Recovery
The thermal coal market story may be gloomy, but as with met coal, analyst Joe Aldina is confident that a recovery is on the horizon.Continue reading...
View ArticleIndonesian Coal Miners Diversify as Cash Runs Out
Mineweb reported that Indonesian coal miners are diversifying into other businesses to counteract the dip in their cash flows caused due to a collapse in demand from China.Continue reading...
View ArticleIndonesia Pushing to Strengthen Coal Industry
Australian mining reported that Indonesia is struggling to consolidate the coal industry by merging operations, even as the market continues to decline.Continue reading...
View ArticleMoody’s Downgrades Peabody Energy as Met Coal Prices Continue to Decline
Mining Weekly reported that Peabody Energy (NYSE:BTU) has been downgraded by Moody's in light of the persistently poor outlook for metallurgical coal prices. The post Moody’s Downgrades Peabody Energy...
View ArticleFirst Concept Logistics Serves Notice of Arbitration on SouthGobi Sands
SouthGobi Resources Ltd. (TSX:SGQ) announced that First Concept Logistics Limited had served a notice of arbitration on SouthGobi Sands LLC with respect to the alleged breach of a coal supply...
View ArticleCoal Shares Rise After Supreme Court Strikes Down Mercury Rule
Bloomberg reported that coal shares rose after the U.S Supreme Court rejected the rule on mercury and acid gases from power plants. The post Coal Shares Rise After Supreme Court Strikes Down Mercury...
View ArticleSpringvale Coal Mine Extension May Face Further Opposition
Australian Mining reported that even though the Springvale coal mine extension has been recommended for approval by the Planning and Assessment Commission, it may face opposition from the state and...
View ArticleLower Steel Production Hurting Coking Coal Prices
Pressure on coking coal prices isn't likely to let up any time soon, according to the latest report from BMO Capital Markets. The post Lower Steel Production Hurting Coking Coal Prices appeared first...
View ArticleCardero Resource: Moving from Coal to Copper
Cardero Resource has been hit as hard as any other junior in the midst of weaker commodities prices, but it isn't giving up yet. Cardero is selling its coal assets and switching to copper. The post...
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