Articles Tagged "mining companies"

Indonesian mining law scrutinized

On Tuesday, Indonesia’s parliament passed a much anticipated coal and mining law intended to raise government revenues and provide easier access for foreign investment. However, many feel the regulations outlined in the new law will only deter investment.

Coking coal price cuts

The metallurgical coal industry is set to face significant declines in price, according to analyst’s forecasts. Bloomberg conducted a survey of a nine-analyst panel whose median forecast placed the price of coking coal at $200 a tonne by April 2009. The individual forecasts ranged from $140 to $305 a tonne.