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China Top Coal Producer Reports Less Profits in Q1

May 3, 2016

China Shenhua Energy Company Limited, the nation's top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016. Shenhua, a State-owned ...

Tags: coal producer, coal

New Economy Needs Renewed Focus on Soft Skills

Mar 23, 2016

As China rebalances its economy, some are concerned that the expected slowdown in investment might lead to job losses. Yin Weimin, minister for human resources and social security, told a news conference on February 29 that 1.3 million ...

Tags: Soft Skills, coal sector

Chinese Shares Continue Fall LED by Brokerages, Coal Industry

Dec 25, 2015

Chinese stocks tumbled for the second straight session Thursday led by brokerages and the coal sector. The benchmark Shanghai Composite Index dropped 0.65 percent to close at 3,612.49 points. The Shenzhen index lost 0.58 percent to finish ...

Tags: Shares, Brokerages

Coal Will Show Black Light

Dec 15, 2014

It is the least spoken when it comes to Coal in the controversy. Investors see the relatively strong performance of coal stocks that recently appeared. The main stock exchange traded fund (ETF) has risen more than 13% since March 11. We ...

Tags: Power coal, Coal

China's Coal Production & Sales Were Lower in June

Jul 18, 2014

China's coal production and sales were lower in June, compared with year-ago levels and the previous month, data released Wednesday by the China National Coal Association showed, as sluggish demand and falling prices weighed on miners. ...

Tags: Coal, raw coal, Mineral

Global Demand for Imported Thermal Coal Grows at a Slower Rate of 2% Per Year Until 2018

May 27, 2014

Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...

Tags: Thermal Coal, coal production

The Coal Faces Limited Negative Surprises Going Forward with Price Downside Limited

May 25, 2014

The Chinese thermal coal market is seeing some positive fundamental trends in the near term, helped by coal investment cuts, production declines and a slowdown in imports, even as seasonal weakness is expected to weigh on the market, an ...

Tags: Thermal Coal, Coal

The Top Natural Gas Analyst at Jefferies Raised His 2014 Gas Price Forecast 8%

Apr 14, 2014

The top natural gas analyst at Jefferies raised his 2014 gas price forecast 8% Thursday, citing a much higher than anticipated winter price in the first quarter and the end of coal's ability to keep gas prices range-bound. "The era of too ...

Tags: natural gas, analyst, Coal

Tackling Excess Capacity Will Be One of The Top Tasks on China's Economic Agenda in 2014

Dec 18, 2013

Tackling excess capacity will be one of the top tasks on China's economic agenda in 2014, as the issue becomes a major challenge to maintaining the pace and quality of economic growth. "The Chinese economy still faces downward pressure ...

Tags: Slashing Capacity, Mineral

Drummond Ltd. Partially Restarted Operations Saturday Night

Sep 17, 2013

Drummond Ltd., one of the largest coal producers in Colombia, partially restarted operations Saturday night after the government stepped in to resolve a strike that has stifled the country's coal exports. Edgar Munoz, a spokesman for the ...

Tags: Coal, Metallurgy, Mineral, Energy

Chinese Stock Market Posted This Year's Widest Daily Gains on Monday

Sep 10, 2013

Chinese stock market posted this year's widest daily gains on Monday as newly released data concerning consumer inflation, producer price and foreign trade pointed to a strengthening economy. The benchmark Shanghai Composite Index rose ...

Tags: stock market

The Credit Rating of Raspadskaya Has Been Downgraded by Moody's

Aug 22, 2013

International ratings agency Moody's has announced that it has downgraded the credit rating of Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, to B2 from B1, reflecting Moody's expectation of ...

Tags: Coal Company, coking coal

CoalGuru Plans to Help Individuals and Companies in The Business of Coal

Dec 27, 2012

CoalGuru, a portal in the arena of all types of coals is as an attempt to create a distinctive place to help individuals and companies in the business of coal and allied services to do better by utilizing information. We, at CoalGuru, ...

Tags: Coal Guru, coal sector, coal, coal business

Coalspur and CN Agree on Key Supply Chain Terms Logistics Costs

Dec 19, 2012

Visit www.coalguru.com to keep yourself updated with latest news and happenings in coal sector globally BUMI price up after Bakrie separation announced Coalspur and CN agree on key supply chain terms logistics costs CONSOL Energy Fola ...

Tags: coal sector, latest news, key supply chain terms, logistics costs

Construction Equipment Makers Are Looking Forward to Early Signs of Revival

Dec 19, 2012

After nearly a 2 year long lull, construction equipment makers are looking forward to early signs of revival of domestic mining and road construction sector. The revival has come at a time when construction equipment market in the rest of ...

Tags: construction equipment, domestic mining, road construction sector

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