Bloomberg.com reports that International Coal Group's (NYSE:ICO) shares were trading up, after reports that Massey Energy (NYSE:MEE) might be buying it.
Continue reading "International Coal’s shares rise on takeover talk"
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.
Continue reading "Hunt For Coal Gets Intense"
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
Continue reading "China increases coal imports"
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.
Friday, December 17, 2010