Article Directory

CIBC: Met Coal Price Showing Signs of Life

In its latest Base Metals Monthly Watch, CIBC notes that on May 28, the seaborne metallurgical coal price saw its largest rise since November 4 of last year. Overall, CIBC is forecasting an average met coal price of $114.

Coal Price Up 10 Percent as World’s Biggest Coal Port Remains Shut

Australia's Newcastle Port, the largest coal port in the world, has been closed since Monday due to severe storms on the east coast of the country. The price of thermal coal for delivery next month from Newcastle has gone up 10 percent, to $68 per tonne, on the back of delays expected due to the storm.

5 Top Coal Stories for Q1 2015

The first quarter of 2015 didn't bring much relief for the coal price and coal companies. And unfortunately now that we're well into the second quarter of the year, the situation is not looking much better. That said, there's definitely still interest in the coal market — here's a look at Coal Investing News' top articles from Q1.

Jonny Sultoon Talks Coal Price and Coal Market Outlook at PDAC 2015

At PDAC, Resource Investing News spoke with Jonny Sultoon of Wood Mackenzie about some of the key factors driving the coal market. Overall, he sees "possible price floors being reached" in 2015, with met coal sitting around $114 to $116 per tonne and spot Newcastle thermal coal prices coming in at $62 to $64 per tonne.