Coal – Bloomberg reported that the slump in European coal prices — the longest in at least eight years — looks set to end on the back of falling imports from the United States and production cuts in Russia and Poland.
Coal – China's "control coal" policy may not bode well for the United States, which plans to ship the fossil fuel to Asia via West Coast terminals.
Coal – People's Daily Online reported that as many as half of the coal companies in Ordos, which is "one of the major domestic coal producing regions in the Inner Mongolia autonomous region," have reduced or halted coal production due to falling electricity consumption and increased use of hydropower.
Coal – The Wall Street Journal reported that although US coal production fell 7 percent last year, coal output in the Illinois Basin is thriving and, primarily on the back of new technology, is expected to surpass that of Central Appalachia for the first time in the next few years.
Coal – Investors nervously watched this week to see if coal producers would be weighed down by bad weather and higher taxes.
Coal – Bloomberg reported that coal producer New World Resources is looking for a partner to help develop the Debiensko mine located in Poland.
Coal – Reuters reported that Indian coal production rose 2.3 percent in January, year-over-year, but that they still missed their target by 1.7 percent.
Coal – Bloomberg reported that Glencore's 2012 coal production more than doubled after buying mine operations in South Africa. As quoted in the market report:
Coal – At the 2013 Vancouver Resource Investment Conference, Carl Kottmeier, Project Manager for Fortune Minerals (TSX:FT) Arctos Anthracite Project, took some time to speak with INN Editor Vivien Diniz.
Coal – Reuters reported that coal producers in Europe are raising their prices on supply fears as Colombian miners prepare to go on strike.
Get our independent commentary on resource trends and companies delivered to your inbox.
