Why Coal Prices Could Double this Year... and How To Profit from the SurgeWelcome to the Coal Bull Market.Coal, whose surging price has outpaced crude oil and natural gas, could double this year.When heavy rains and flooding cripple two million metric tons of thermal coal production at an Ensham mine in Queensland, Australia, coal prices...

Cejay Kim October 21, 2015 Category: Research The S&P 500 is the most commonly used benchmark in measuring the performance of stocks. Because of the size of its constituents and the liquidity of its market, it is also used as a leading indicator of US equities in general. Thus, a lot of people look to the S&P 500 to get a feel of...

Cejay Kim October 14, 2015 Category: Research Since the NYSE put in a top in late May, the index has dropped almost 10%. We looked around the world in order to see how the other large markets are doing.Since May 21, 2015, all the major trading centres around the world have notched losses, with the Shenzhen Stock Exchange and the Shanghai...

VANCOUVER, BC / ACCESSWIRE / October 3, 2023 / The Watchlist by The Market Herald has announced the release of new interviews with FPX Nickel, Pelangio Exploration, Nicola Mining, and Max Resource discussing their latest news.The Watchlist by The Market Herald provides investors with a quick snapshot of what they need to know abou...

Fortune Minerals Limited (“Fortune”) (www.fortuneminerals.com) and Rio Tinto are collaborating to develop technology that will improve recovery of the critical minerals cobalt and bismuth. Under a Memorandum of Understanding signed between the companies, testing will be done at Rio Tinto Kennecott’s integrated copper...

HALIFAX, Nova Scotia, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce that further to its announcement of an updated independent Feasibility Study (“FS”) for the high-grade, open-pit Bayan Khundii Gold Pr...

Pakistan's largest coal miner set to boost output by over 50% in ...

3 days ago ... Pakistan's largest coal miner Sindh Engro Coal Mining Co (SECMC) expects to boost its output by 51.3% in 2024, its Chief Executive told ...

Big insurers cover dirty coal mining projects despite climate pledges ...

22 hours ago ... Insurance certificates for two US coal mines list Zurich-based reinsurance leader Swiss Re and US insurer Liberty Mutual as providing insurance ...

Coal from Russian-annexed Ukraine sold in NATO member Turkey ...

1 day ago ... Reuters tried to reach for comment the 10 miners and related companies exporting coal from the two annexed regions. It was able to make contact ...

How Repeal Of The Clean Power Plan Impacts Investors

This week, as expected, Donald Trump signed an executive order that instructed EPA Administrator Scott Pruitt to begin the process of dismantling the Clean Power Plan (CPP). The CPP was first proposed by the Obama administration in 2014 and would have required states to cut carbon dioxide emissions from existing coal- and gas-fired power plants, targeting an emissions reduction of 30% below 2005 levels by 2030.Repeal of the CPP will have an impact on the future of the power sector. As an investor, you should be aware of this impact. We can get an idea about future electricity generation, with and without the CPP, from the U.S. Energy Information Administration (EIA) in its 2016 Annual Energy Outlook. The EIA noted the CPP "imposes additional costs on higher-emitting energy sources," and...

Power Grab for Coal

Regular readers may know that I have been bearish on the long-term outlook of coal for several years. As a general rule, we have steered investors away from the sector. But that general rule isn't a steadfast rule, because there are times that the coal sector will be oversold.That was the case in the first half of 2016 as we added several coal stocks to The Energy Strategist portfolios near the lows and then rode them to huge gains for the remainder of the year. In October we recommended three more coal producers. We weren't counting on Donald Trump's upset win in the presidential election, but didn't mind the double-digit gains this trio scored the next day.Underpinning this coal exposure is our conviction that rising natural gas prices will lead more utilities to switch back to coal this...

The Unfond Farewell

The end of the year is always a busy time. In the next few weeks I plan to write articles covering the top energy stories of the year, highlight the top-performing energy companies of the year, grade my predictions for 2016 and make new ones for 2017.Today, given that President Obama only has a few weeks left in office, I want to review the evolution of the energy sector during his eight years in the White House. Obama has been called one of the most anti-energy presidents the country has ever seen. As if to put an exclamation point on this perception, last week his administration intervened to block an easement for the nearly completed $3.8 billion Dakota Access Pipeline (DAPL). It did so despite the fact that the U.S. Army Corp of Engineers had previously issued a permit for the Missou...