The years-long effort to develop a coal mine in the Otter Creek Valley has come to naught. Queensland billionaire Clive Palmer has also backtracked on his $60 b coal contract with a Chinese group. What seems to be happening here?
Continue reading "Backing Out Of Coal"
Thursday, November 27, 2008
Coal is the best commodity to get into right now. The recent global economic downturn has led to a slump in coal demand and production cuts, however serious investors are not shying away from what they see as a most opportune time.
Continue reading "Coal: Commodity Favoured By Investors"
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Tuesday, February 9, 2010