RBC Capital Markets declared that the report of cancellation by a Chinese purchaser of an Australian coal cargo during shipment may not signal a slump in demand from power plant operators in the Asian nation. For full story, click here
Monday, March 2, 2009
Coal stocks have been hit hard in this recession, given slumping electricity demand in the U.S. and the sharp drop-off of steel demand. For shareholders of Patriot Coal Corp (PCX: NYSE), the pain has been particularly acute. The stock lost 96 per cent of its value since last June's record highs. This year alone, Patriot's stock is down 41 per cent versus a 1 per cent decline by the Dow Jones U.S. Coal Index.
Continue reading "Coal Stocks Swing"
Friday, February 6, 2009
The coal mining industry and related infrastructure needed investment of more than R150 billion over the next 10 years to meet growing domestic demand and exports, a coal conference held yesterday in Cape Town was told. For full story, click here
Continue reading "Coal mining needs R150bn capital"
CoalInvestingNews.com maintains a focus on Coal exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Coal Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on coal trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Sunday, July 12, 2009