A Vancouver native, Charlotte recently graduated from Simon Fraser University, where she majored in English and Humanities. During her time there, SFU’s Writing and Communications program caught her attention, and she began working towards a Certificate in Editing. After completing an editorial internship at Vancouver’s Western Living magazine in the fall of 2010, she knew that she wanted to pursue editing further.
Charlotte started working for the Investing News Network in the spring of 2012 and now specializes in writing about diamonds, precious metals, base metals and graphite. She received her Certificate in Editing in 2013.
The Motley Fool reported that Bank of America Corp. (NYSE:BAC) is exiting the coal space in an “unprecedented pull-out.” The firm announced the news during its annual shareholder meeting with the release of its first coal policy.
Australian Mining reported that Jean-Sébastien Jacques, Rio Tinto plc’s (ASX:RIO,LSE:RIO,NYSE:RIO) new coal boss, believes that it will take a long time for the market to see a recovery in the thermal coal price.
Whitehaven Coal Ltd. (ASX:WHC) released its March 2015 quarterly production report, noting that its Maules Creek operation produced 1.1 million tonnes of coal during the period, achieving a production rate of 6 million tonnes per year in March.
Mining Weekly reported that Moody’s Investors Service sees metallurgical coal and iron ore prices remaining under pressure “at least” through to 2016. The firm has thus lowered its price expectations for both commodities.
Mining Weekly reported that the World Coal Association is calling for increased investment in cleaner coal technologies. It believes such technologies are necessary to meet global energy demand and subdue energy poverty.
Australian Mining reported that Russia plans to start building a new coal export terminal to send more of the fuel to Asia Pacific nations. That’s bad news for Australia, which is suffering as increasing coal supply from its competitors enters the market.
Mining Weekly reported that Tony Abbott, Australia’s prime minister, has raised the possibility of his country exporting coal and uranium to Ukraine. The move could help Australia lower its dependence on Russian gas.
Mining Weekly reported that contrary to recent reports, Fortune Minerals Ltd. (TSX:FT) is pleased with the news that the government of British Columbia and the Tahltan First Nation are making a “renewed effort to conclude the Klappan Strategic Initiative.”