Ships bound for China loaded 2.09 million mt of coal from two terminals operated by Port Waratah Coal Services at Newcastle port in eastern Australia in April, up 10% from March, PWCS said Wednesday in an operations report. The April ...
Tags: Coal Exports, Newcastle PWCS
Central Europe-based miner New World Resources Plc (NWR) has announced that it has reached agreements with its customers for coking coal and coke sales for the second quarter of 2013. Accordingly, NWR has set the average agreed price of ...
Tags: Coking Coal, Metallurgy, Mineral, Energy
China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
Birmingham, Alabama-based coal producer Walter Energy, Inc. said Thursday that performance in Q1 2013 improved over Q4 2012, driven largely by increased metallurgical coal sales volume and pricing, increased production and lower costs. ...
Tags: Walter Energy, Coal Production
Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) soared to a 15-month high of 7.49 million mt in March, jumping 37.4% month-on-month and 20% year-on-year, the latest operating data released by the port Tuesday showed. ...
Tags: Coal exports, Chemicals
Some miners in Indonesia's East Kalimantan region have been deferring loadings of thermal coal cargoes by seven to 10 days amid rains, sources said Friday. Several vessels are being diverted to East Kalimantan from South Kalimantan, which ...
Tags: Asia Thermal Coal, Miners, Chemicals
Japanese trading house Mitsubishi Corp began operations at its new coal trading desk in Singapore Monday as part of a wider restructuring of its commodities trading businesses, market sources said Tuesday. The Japanese trading house ...
Buying interest for imported cargoes of thermal coal was restricted to South African higher calorific coal in the Chinese spot market Thursday, market sources said. Seaborne-traded thermal coal with a calorific value of 5,500 kcal/kg on a ...
Tags: Metallurgy, Mineral, Energy, Thermal Coal, Coal
Chinese buying interest was mostly concentrated on cargoes of lower calorific value thermal coal from Indonesia Wednesday, as traders expressed fears that another decline in domestic thermal coal prices was not far away and could have a ...
Tags: Asia Thermal Coal, CV Coal, Chemicals
Mongolian coking coal miner SouthGobi Resources produced a total 1.34 million mt of unwashed thermal and coking coal in 2012, down 70.7% year on year compared with 4.57 million mt in 2011. Of the total, semi-soft coking coal output in ...
Tags: Coal Output, Mining Suspension, Mongolian
Russia's En+ Group, China Development Bank and Shenhua Group have signed a strategic cooperation agreement worth up to $2 billion to jointly develop coal resources in Eastern Siberia, the Russian energy company said Friday. Under the ...
Competitively-priced cargoes of Indonesian thermal coal added to the downward pressure on Chinese spot prices Wednesday, with a Panamax spot cargo of Kalimantan 5,500 kcal/kg NAR coal heard placed into south China at $83/mt CFR basis, ...
Tags: Coal, thermal coal, Metallurgy, Mineral, Energy
Singapore-listed Noble Group has acquired a 5.34% equity stake in the Australian company developing the first large-scale underground coal mine in Indonesia in recent years in a move widely seen as a vote of confidence in the fledgling ...
Tags: Coal Mine, Coal, Metallurgy, Mineral, Energy
South African junior thermal coal miner Continental Coal announced Monday that diversified mining investment and production company Village Main Reef has agreed to acquire a 19.9% interest in the miner through a A$8 million ($8.3 million) ...
Tags: Metallurgy, Mineral, Energy, Chemicals
South Africa-based coal producer Coal of Africa (CoAL) has announced its financial results for the second first half of 2012, reporting a net loss of $111.7 million compared to a net of $74.7 million in the corresponding period of the ...
Tags: Coal, Metallurgy, Mineral