Royal Coal Corp. Announces Advance Payments from Sandstorm Metals & Energy
Royal Coal Corp. (CVE:RDA) reports on royalty and coal purchase agreement with Sandstorm Metals & Energy Ltd. (CVE:SND).
Articles Tagged "coal properties"
Thelon Capital Ltd Engages Top Appalachian Engineering Firm.
Thelon Capital Ltd (CVE:THC,FRA:TFHC) reports engaging IREC to direct & perform the exploration and reserve analysis for the Jellico Coal project.
SouthGobi Resources Provides Operational Update; Coal Quality Review
SouthGobi Resources Ltd. (TSE:SGQ) reports an update to its coal quality review and operations.
North American Gem Inc. Receives Complete Approval to Mine
North American Gem (CVE:NAG) reports that the Kentucky Department of Natural Resources approved the mining application allowing immediate production to begin at North American Gem #2 Mine in Knox County, Kentucky, USA. Blue Gem Coal commands a price as much as 200% higher than high-quality steam coal and is typically the highest priced grade of coal produced [...]
Will Peabody ride the coal bull again?
There’s no denying the worldwide recession has led to global cutbacks in the demand for most commodities, coal included. Coal producers like Peabody Energy have been forced to curtail production as demand slumps from both the steel industry and the energy sector.
Coal: Future outlook remains strong
Along with most in the commodity sector, the coal industry will likely take a hit in 2009, but many analysts are confident that coal demand along with prices will rebound in 2010. As energy demand from developing countries like China and India recovers, we’ll once again see upward movement in the coal price.
