Vilified as a dirty energy source in advanced industrialized economies, coal is booming around the world. Emerging economies are the critical driving force behind the continued growth, but barriers do exist.
Continue reading "Emerging Economies Drive Coal Markets"
Wednesday, January 11, 2012
PHI Group Inc. (OTCQB:PHIE.PK) announced the signing of an LOI for a 20.7 million tons of coal resources in Indonesia.
Continue reading "PHI Group Progresses on Indonesia Coal Resource Acquisition"
Wednesday, January 4, 2012
Bloomberg reported that Indonesia's coal exports were up 6.1% in November over October exports.
Continue reading "Indonesia Exports 6.1% More Coal in November 2011"
Monday, December 12, 2011
Bloomberg reported that shipments of thermal coal from Indonesia rose in October.
Continue reading "Indonesia Coal Exports Up 3.9%"
Friday, December 2, 2011
Platts reported that slow demand from Chinese importers is causing Indonesian coal prices to fall.
Continue reading "Indonesian Coal Prices Continue to Slip on Lack of Demand"
Monday, November 21, 2011
Falling Chinese thermal coal demand in the short-term is falling due to adequate stockpiles. However, the long-term trend is likely to be a growing reliance on foreign sources for Chinese consumers.
Continue reading "Thermal Coal Prices Fall as Chinese Demand Softens"
Thursday, November 17, 2011
Reuters reported that Bumi Plc (LSE:BUMI) expects to increase coal production while trimming debt.
Continue reading "Coal Miner Bumi Says Output on Track after Q3 Jump"
Wednesday, October 5, 2011
Bloomberg reported that the reference price for Indonesian power-station coal was raised for the first time since June.
Continue reading "Indonesia Raises Coal Price for First Month Since June"
Wednesday, September 21, 2011
Wall Street Journal reported that Coal India (BOM:533278) is seeking coal mining opportunities in Indonesia.
Continue reading "Coal India Plans JV With Indonesian Mining Company"
Tuesday, September 13, 2011
Challenger Deep Resources Corp. (CVE:CDE) announced an update to its Indonesia-based Tabang thermal coal project.
Continue reading "Tabang Coal Project"
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Monday, January 23, 2012