Coal Investing News» investors

Back In The Black

Mike Rodger — Tue, 22 Sep 2009 07:32:09 +0000

Coal prices have risen 30 per cent from their low in March. However, for the second half of 2009, there are still risks of tight coal supply. In China, many domestic producers have arbitraged the low offshore prices with higher onshore prices, which has made demand look stronger than it was. So, correction is expected in the new two months. However, strong demand for thermal coal in China and India is expected to help Asia avoid the first fall in imports for a decade this year, and push import growth even higher in 2010.

Indonesia Investors has eyed BHP Billiton Coal Project

Mike Rodger — Fri, 26 Jun 2009 15:55:05 +0000

About four Indonesian investors are interested in taking over a coal project owned by BHP Billiton Ltd. For full story, click here

Coal Sector has tumbled on grim economic results

Mike Rodger — Thu, 14 May 2009 14:24:39 +0000

Coal stocks dipped across the board Wednesday after a pileup of bleak economic news sent investors scurrying, worried that a reversal of the market’s rally will translate to more pullback in demand for basic materials. For full story, click here

Coal Sees Glimmer Of Light

Mike Rodger — Tue, 31 Mar 2009 12:12:55 +0000

After a dark winter for Canadian coal producers, spring supply contract negotiations halfway around the world are providing a glimmer of light at the end of the mine shaft. As news of the pricing agreement filtered through the market last week, Canadian coal stocks have reaped the benefits.

Indonesia set to pass new coal-mining bill

Mike Rodger — Mon, 05 Jan 2009 13:44:16 +0000

Indonesia’s parliament is set to pass a new law on coal and mining that promises more certainty for investors but may not be enough to attract major new foreign investment to exploit rich mineral resources. For ful story, click here

Teck secures financing to buy Fording, but share prices fall

Mike Rodger — Tue, 30 Sep 2008 20:00:18 +0000

CBC Money reports Teck Cominco has secured close to $10 billion in financing needed to take over Fording Canadian Coal Trust however shares still fell. Teck shares sank $4.65, or 13.9 per cent, to $28.92 on the TSX, just shy of its 52-week low of $28. Teck shares were trading near $53 in May. Analysts said the [...]

Coaling Station: August 12

Mike Rodger — Wed, 13 Aug 2008 04:14:26 +0000

Welcome to the Coaling Station, your online recap of what’s happening in the global coal industry. We are hoping to have a new edition twice a week, depending on sector activity.

Introduction to Coal Investing

Mike Rodger — Thu, 07 Aug 2008 16:27:21 +0000

If you are lucky, Santa Claus may leave a huge lump of coal in your stocking this year. With near-month futures contracts trading in the $120-$130 per ton range, the formerly shunned fuel is more valuable than ever.

Introduction to Commodities Investing

Mike Rodger — Wed, 06 Aug 2008 17:20:20 +0000

As with most investments there are risks and rewards associated with commodity investing, often in lock-step. Many investors hire experts to manage their money rather than doing the investigation required to increase the chances for success. But...