Articles Tagged "Coal Articles"

Coal ETF Falling on Weak Coal Prices

Coal – ETF Trends reported that the Market Vectors-Coal ETF (NYSEARCA:KOL) has fallen on a weaker performance from the coal market. According to the publication, the fund holds 34.7 percent US coal producers and 10.9 percent Australian companies.

Cardero Announces New Resource Estimate for Carbon Creek

Coal – Cardero Resource has made good on a promise to put out a new technical report for its Carbon Creek joint venture project. Carbon Creek underwent a significant change back in June when Cardero withdrew from a coal lease that made up part of the project, rendering a previous prefeasibility study invalid.

Coal Outlook 2015: Material Recovery in Pricing Still a Few Years Out

Coal – 2014 hasn't been the best year for the coal market. Next year, Joe Aldina of Wood Mackenzie expects to see more high-cost supply come out of the market, but his firm isn't calling for a material recovery in coal prices for another couple of years.

News of CALPERS Potentially Divesting its Coal Assets Overdone

Coal – A California state senator might propose a bill in January that would require the California Public Employees’ Retirement System to divest of its holdings in companies that produce coal. This headline-grabbing news sent coal stocks and ARLP partners down significantly. However, Peter Epstein thinks that the reaction was possibly overdone.