Battered and beaten, the coal industry finally seems to be moving from blind optimism that things will somehow get better to a more realistic hope that it can survive, albeit in a smaller, less influential manner. A common theme at coal conferences over the past few years is that prices have...

By Christina Nunez, National Geographic PUBLISHED Tue Oct 13 11:02:54 EDT 2015 On a chilly, open plain in Saskatchewan, clean coal is getting its first big trial. The Boundary Dam power plant fired up last October, promising to generate enough electricity for 100,000 homes while...

Indian power plant coal stocks fall to new over 6-month low: CEA London (Platts)–9 Oct 2015 749 am EDT/1149 GMT Combined stocks of thermal coal at 100 Indian power plants were at 25.52 million mt Tuesday, more than triple the 7.78 million mt recorded at the same time last year, but at...

Bisnis.com, JAKARTA – PT Adaro Energy Tbk. menyatakan tidak mengikuti tender Pembangkit Listrik Tenaga Uap (PLTU) Jawa 7 karena ingin fokus pada proyek-proyek lain. Hal tersebut mengakhiri kabar yang menyebutkan bahwa perusahaan energi itu sangat berminat untuk mengikuti tender PLTU...

(Bloomberg) — Emerging-market currencies headed for their biggest weekly gain in seven years and stocks jumped as prospects for a U.S. rate increase in 2015 receded and oil surged. An index tracking 20 developing-nation exchange rates climbed 3.4 percent this week,...

TOKYO Oct 2 (Reuters) – Mining group Glencore Xstrata Plc and Japan’s Tohoku Electric Power Co have settled an annual Australian thermal coal import contract 12 percent lower than a year earlier, two sources with direct knowledge of the matter said on Friday. The price set for the...

Each summer, Glencore Plc gathers its bankers at an exclusive Swiss resort for a day of golf. The hospitality has a rationale: those who convene at the Golf Club Bad Ragaz, nestled among Alpine foothills, represent the company’s financial lifeline. Three months before this...

SINGAPORE: Slumping Chinese demand continues to batter thermal coal prices in the first week of the fourth quarter, with benchmark physical cargoes dropping to their lowest in more than eight years. That has made coal, mostly used for power generation in emerging markets, the most prominent...

JAKARTA - Nilai tukar rupiah terhadap dolar AS yang menguat drastis menumbuhkan optimisme kondisi perekonomian Indonesia bisa segera bangkit. Selain faktor eksternal, penguatan ekonomi juga diyakini mencerminkan perbaikan ekonomi di dalam negeri. Kepala Ekonom Bank Negara Indonesia (BNI) Ryan...

Thermal coal prices are close to rock bottom as coal producers have squeezed almost all of the gains from increased productivity, lower fuel prices and weaker currencies, and prices are set to stabilize in 2016, said commodity analysts at investment bank Citi in a client conference call...