Tag Archive | "coal reserves"

Coal Inventories Climb in Rotterdam on Restocking by Utilities

Wednesday, August 10, 2011

Bloomberg reported that the Port of Rotterdam is preparing for winter demand by restocking fuel.

House Committee Approves Coal Swap

Thursday, July 21, 2011

Forbes reported that a congressional committee approved a coal swap between Great Northern Properties and a Northern Cheyenne Indian Reservation.

Penn Virginia Resource Buys Coal Reserves for $13.5 Million

Wednesday, June 15, 2011

Reuters reported that Penn Virginia Resource Partners LP (NYSE:PVR) has purchased coal reserves from Indianapolis Power & Light Co (PINK:IPWLO).

CanAm Announces 6 Million Tons of Coal Reserves at Birmingham Coal & Coke

Friday, June 10, 2011

CanAm Coal Corp. (CVE:COE) announced the results of a technical report on reserves of its partially owned Birmingham Coal & Coke Co.

BLM Denies Request to Change Coal Leasing Process

Tuesday, February 8, 2011

Bloomberg reported that environmental groups were unsuccessful at convincing the US Bureau of Land Management to change their coal leasing process in Wyoming and Montana. The article states that: In 2009, the groups WildEarth Guardians and the Sierra Club asked the BLM to change the policy so the BLM alone would decide which coal reserves [...]

Coal Prices To Jump 10% In 2010

Tuesday, January 5, 2010

Coal companies are locking in some advantageous deals, as the broad economy juggernaut rallies forth. Look out for coal stocks in 2010.

Hunt For Coal Gets Intense

Wednesday, August 26, 2009

The hunt for coal assets has never been so intense. India has 256 billion tonnes of coal reserves, of which around 455 mt per annum is mined. The country imports around 40 mt of coal. Demand is expected to reach around two billion tonnes a year by 2031-32, around five times the current rate of extraction. US has also put clean coal projects to the test with $27.6 million.

China increases coal imports

Tuesday, March 17, 2009

China has discovered a new coal field containing more than 13 billion tonnes of proven coal reserves in the northwestern region of Xinjiang, the China News Service reported on Monday. The 1,400 square-kilometre Sha'erhu coal field, located in the county of Shanshan in eastern Xinjiang

Will Peabody ride the coal bull again?

Wednesday, January 28, 2009

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.

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