Coal Investing News

Asia Coal-China Demand in Focus as Power Shortages Loom

Jessica Oman — Thu, 02 Jun 2011 16:04:41 +0000

Reuters Africa reported on how power shortages in China have led to increased demand for coal.

Coal India Reaches Record as Price Increase May Lift Earnings

Jessica Oman — Mon, 09 May 2011 13:40:04 +0000

Bloomberg reported that shares of Coal India (BOM:533278) are up due to expectations that the company's first quarter earnings will be higher.

Dubai to Get 24% of Its Power From Nuclear, Clean Coal by 2030

Jessica Oman — Wed, 09 Mar 2011 15:59:21 +0000

Bloomberg reported that by 2030, Dubai is planning to get close to one-fourth of its power from nuclear and clean coal. The market news is quoted as saying: The Dubai government said in June it aimed to diversify power-generation sources and improve efficiency to ensure an adequate energy supply through 2030. To read the full market [...]

Rising coal prices should give Teck earnings a further boost

Heather Wright — Mon, 06 Dec 2010 19:16:55 +0000

The Financial Post.com reports that there is speculation that the expected increase in coal prices will help to boost earnings for Teck Resources. (NYSE:TCK)

Contamination fear fails to stop project

Heather Wright — Wed, 10 Nov 2010 18:42:23 +0000

The Australian.com reports that the biggest coal- seam gas project in Queensland has been approved by the Bligh government, even though there was suspicion of contamination in wells in production fields.

Puda Coal declared Second Quarter 2009 Results

Mike Rodger — Sat, 15 Aug 2009 06:03:18 +0000

Puda Coal Inc a supplier of China’s high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing announced its financial results for the quarter ended June 30th 2009. Mr Liping Zhu, president & CEO of Puda Coal, stated: We experienced lower demand during the second quarter of 2009, as the [...]