Why Coal Prices Could Double this Year... and How To Profit from the SurgeWelcome to the Coal Bull Market.Coal, whose surging price has outpaced crude oil and natural gas, could double this year.When heavy rains and flooding cripple two million metric tons of thermal coal production at an Ensham mine in Queensland, Australia, coal prices...

Why Coal Prices Could Double this Year... and How To Profit from the SurgeWelcome to the Coal Bull Market.Coal, whose surging price has outpaced crude oil and natural gas, could double this year.When heavy rains and flooding cripple two million metric tons of thermal coal production at an Ensham mine in Queensland, Australia, coal prices...

Cejay Kim October 21, 2015 Category: Research The S&P 500 is the most commonly used benchmark in measuring the performance of stocks. Because of the size of its constituents and the liquidity of its market, it is also used as a leading indicator of US equities in general. Thus, a lot of people look to the S&P 500 to get a feel of...

HALIFAX, Nova Scotia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD | MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three months ended September 30, 2024, and to provide an update on progress at the Bayan Khundii Gold Projec...

HALIFAX, Nova Scotia, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD | MSE:ERDN) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three months ended September 30, 2024, and to provide an update on progress at the Bayan Khundii Gold Projec...

VANCOUVER, BC / ACCESSWIRE / November 4, 2024 / SouthGobi Resources Ltd. (TSX-V:SGQ)(HK:1878) ("SouthGobi" or the "Company") announces that the Company's board of directors will approve the financial results of the Company and its subsidiaries for the three months and nine months ended September 30, 2024 on Thu...

Anglo American to offload Australian coal mining stake for $1.1bn

1 day ago ... Jellinbah Group owns a 70 per cent interest in two metallurgical coal mines in Queensland, Australia: Jellinbah East and Lake Vermont. Wanblad ...

Ukraine's steelmakers fret as Russians advance towards key coal ...

Oct 16, 2024 ... Coking coal mine is vital for Ukraine's steel industry ? Metal exports raised almost $2 bln in January-August 2024 ? US, South African coking coal ...

Unidentified gunmen kill at least 21 coal miners in Pakistan | Reuters

6 hours ago ... Unidentified gunmen attacked a cluster of small private coal mines in southwestern Pakistan early on Friday, shooting some miners as they ...

How Repeal Of The Clean Power Plan Impacts Investors

This week, as expected, Donald Trump signed an executive order that instructed EPA Administrator Scott Pruitt to begin the process of dismantling the Clean Power Plan (CPP). The CPP was first proposed by the Obama administration in 2014 and would have required states to cut carbon dioxide emissions from existing coal- and gas-fired power plants, targeting an emissions reduction of 30% below 2005 levels by 2030.Repeal of the CPP will have an impact on the future of the power sector. As an investor, you should be aware of this impact. We can get an idea about future electricity generation, with and without the CPP, from the U.S. Energy Information Administration (EIA) in its 2016 Annual Energy Outlook. The EIA noted the CPP "imposes additional costs on higher-emitting energy sources," and...

Power Grab for Coal

Regular readers may know that I have been bearish on the long-term outlook of coal for several years. As a general rule, we have steered investors away from the sector. But that general rule isn't a steadfast rule, because there are times that the coal sector will be oversold.That was the case in the first half of 2016 as we added several coal stocks to The Energy Strategist portfolios near the lows and then rode them to huge gains for the remainder of the year. In October we recommended three more coal producers. We weren't counting on Donald Trump's upset win in the presidential election, but didn't mind the double-digit gains this trio scored the next day.Underpinning this coal exposure is our conviction that rising natural gas prices will lead more utilities to switch back to coal this...

The Unfond Farewell

The end of the year is always a busy time. In the next few weeks I plan to write articles covering the top energy stories of the year, highlight the top-performing energy companies of the year, grade my predictions for 2016 and make new ones for 2017.Today, given that President Obama only has a few weeks left in office, I want to review the evolution of the energy sector during his eight years in the White House. Obama has been called one of the most anti-energy presidents the country has ever seen. As if to put an exclamation point on this perception, last week his administration intervened to block an easement for the nearly completed $3.8 billion Dakota Access Pipeline (DAPL). It did so despite the fact that the U.S. Army Corp of Engineers had previously issued a permit for the Missou...