Future Coal

Future Coal

Coal isn’t what it used to be and neither is its future. Clean coal's future isn’t as bright as it was a few years ago, but will it remain viable long after "cheap gas"?

Cheap Gas Hurts US Coal

Record low gas prices are pushing coal out of the US energy mix, resulting in rising US thermal exports and falling global prices.

Indonesia’s Coal Game

Indonesia’s coal sector is dealing with a sluggish market and the roll out of unpopular new mining laws.

China Slows Coal Markets

Exports coming out of China and news of slowing demand and have left many traders uncertain of where coal prices will settle in the coming months.

Market News

Patriot Coal Shares Recover Slightly

The Street reported that shares of Patriot Coal (NYSE:PCX) rallied as the company said it was in talks to secure financing.

Euro Coal Price Falls By $1

Reuters reported that prices for European ARA thermal coal fell slightly.

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Company News

Peabody Leases Low Sulfur Coal Reserves

Peabody Energy Inc. (NYSE:BTU) announced it successfully bid to lease coal reserves near its Wyoming-based North Antelope Rochelle Mine.

Novadx Initiates New Strategic Plan

Novadx Ventures Corp.(TSXV:NDX) announced the initiation of a new strategic plan which focuses on four key initiatives. The Company put the plan in place with the help of Sandstorm Metals & Energy Ltd.

Novadx Initiates New Strategic Plan
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