North Korean coal shipments to China have surged steadily this year, hinting at a deepening barter trade that makes it more difficult for the international community to pressure the reclusive state. For full story, click here
Continue reading "North Korean Coal Exports to China Hint at Barter"
Monday, July 27, 2009
International Coal Group Inc has posted a second-quarter profit that beat market estimates by a cent, helped by higher margins, and declared the worst of the market weakness seemed to be over, sending its shares up 9 percent in pre-market trade. For full story, click here
Continue reading "International Coal Q2 Profit has beaten Street by a Cent"
Friday, July 17, 2009
It is declared that coal market in Shaanxi has seen downstream demand going up. Trade has been adequate and coal price hasn’t fluctuated much. For full story, click here
Continue reading "Thermal Coal Market has remained stable in Shaanxi Province"
Thursday, June 4, 2009
Though the world economy continues to remain frail, more and more production is coming on line and mines are being developed. And as factories begin to open rather than close, and for all the new nuclear power plants being foreshadowed, there will be an enormous demand for thermal coal. A false dawn?
Continue reading "Rip Might Show In Coal Supply/Demand"
Thursday, April 30, 2009
Coalcorp Mining Inc. announced that it is providing its fifth Default Status Report in accordance with National Policy 12-203: Cease Trade Orders for Continuous Disclosure Defaults. For full story, click here
Continue reading "Coalcorp Mining provided updated default status report"
Tuesday, March 3, 2009
Australia has reduced 6 percent from its forecast for 2009 thermal coal import demand, predicting the first fall in at least 10 years as the global economic downturn hits electricity demand. For full story, click here
Continue reading "Thermal coal trade to decline 2.6 pct in 2009-ABARE"
Tuesday, December 16, 2008
China will soon issue half of its 2009 coal export quotas as well as the third and final batch of 2008 quotas, several trade sources said on Tuesday. For full story, click here
Continue reading "China to issue half of 09 coal export quotas-trade"
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Tuesday, August 4, 2009