February coal exports from South Africa's Richards Bay Coal Terminal increased 29% month-on-month to 5.45 million mt, although the volume shipped was 10% lower year-on-year, according to RBCT data released Friday. Monthly exports from ...
Tags: coal exports, South Africa, coal industry
Chinese buyers remained on the sidelines as they continued to scout for thermal coal cargoes at cheaper prices with no rush to conclude deals amid huge stockpiles at ports and power companies, sources said. Despite the lack of demand, ...
Tags: ASIA THERMAL COAL, Bargains, Imported Coal
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week higher on Friday as grain cargoes in the Atlantic basin absorbed tonnages from both hemispheres, sources said. ...
Tags: coal freight, coal, Panamax freight
The International Energy Agency remains largely in the dark over the real pace of China's surging oil demand despite long-running attempts to persuade the county to publish official data on consumption and oil stocks, the IEA's top energy ...
Tags: Oil Demand, Energy Security, Mineral
CA South Korean power utility was active in the spot Australian market Friday, and was close to purchasing at least one Q2-loading Capesize cargo of high ash thermal coal at a price equivalent to $74/mt FOB Newcastle on a 5,500 kcal/kg NAR ...
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India remained stable Friday, with a downward bias, as support from the South American grain season began to weaken, sources said. "Vessels ...
Tags: Panamax, Coal, Freight Rates
Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline
The sharemarket had it biggest fall in five weeks yesterday, with financial, material and industrial stocks leading the decline as global equity markets lost momentum following strong gains last week after the resolution of the US ...
Tags: sharemarket, financial, material, industrial stocks, global equity markets
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Kumba Iron Ore (Kumba) confirms that engagement is continuing with the less than 300 employees who embarked on an illegal strike on Wednesday, 3 October 2012, at the Company's Sishen Mine in the Northern Cape. The strikers are demanding a ...
Tags: Kumba Iron Ore, engagement, employees, Sishen Mine
Kumba has announced that it has suspended production at the Company's Sishen Mine where approximately 300 striking employees are blocking access to the pit. Production continued until last night from material stockpiles. The mine has ...
Tags: Production, Sishen Mine, Kumba, striking employees
Balkans.com reported that Copper rose for a second day in New York before a report that may show new home sales in the US, the second-biggest consumer of the metal, rose to the highest level in more than two years. Copper for delivery in ...
Tags: Copper rose, in New York
Business Line reported that Sesa Goa shares may remain in focus as iron ore prices are trading at a seven month high. Iron ore prices gained momentum as China’s factory output and retail sales jumped for the last three months, ...
Tags: Sesa Goa, iron ore prices, China, factory output, retail sales
Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...
Tags: Iron ore, iron ore prices, iron ore market, iron ore industry
In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike.The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years. According to ...
Tags: iron ore, AID, Arctic Securities, China