Though the world economy continues to remain frail, more and more production is coming on line and mines are being developed. And as factories begin to open rather than close, and for all the new nuclear power plants being foreshadowed, there will be an enormous demand for thermal coal. A false dawn?
Continue reading "Rip Might Show In Coal Supply/Demand"
Tuesday, March 31, 2009
After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.
Continue reading "Coal Sees Glimmer Of Light"
Friday, March 27, 2009
China Datang Corp, one of the country’s five leading power generators, has been given the go-ahead to expand into the coal-mining business. For full story, click here
Continue reading "China Datang given a go-ahead to coal mining business"
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Thursday, June 4, 2009