Articles Tagged "stock"

Arch Coal has launched Stock

Arch Coal Inc, one of the world’s biggest coal producers, declared that it has launched an offering of stock and notes to help fund its purchase of a Wyoming mining complex. For full story, click here

Coal price slipped on surging stockpile at Qinhuangdo Port

It is declared that high grade mixed coal with 6,000 calorie per kilogram at Qinhuangdao port, China’s leading coal port, has dipped further by CNY 10 per tonne to CNY 600 per tonne to CNY 620 per tonne making the combined dipping range in the last month at about 3.1%. In the meantime, coal stock [...]

Obama To Reverse Bush Rule On Coal

The U.S. Interior Department has said it will try to overturn a Bush administration rule that made it easier for coal mining companies to dump mountaintop debris into valley streams. The action is the latest blow to the coal industry, which defends mountaintop mining as a safer, cheaper alternative to traditional underground mining.

Coal: Bullish On The Long Term

We are into the second half of the second month of 2009 and pressure on coal prices have not eased. While the long-term outlook in this sector remains strong, thanks to strong fundamentals, spot prices continue to be under pressure. The reasons are being cited as high utility coal inventories, lower demand for electricity and competition from natural gas.

Coal and Oil – the Rise and Fall

Supply and demand of coal is expected to be a bit more important in 2009, with the almost irrational movement along with crude oil turning out to be less of an influence.