June 17, 2014

Less correlation among commodities demands more careful selection: Philip Richards

Commodities from coal to gold once traded in close correlation, but today the graph looks helter-skelter.

June 16, 2014

Russia cuts gas supply to Ukraine as talks fail

After months of debate the outcome is that supplies have been “reduced to zero.” The news failed to lift demand for coal.

June 13, 2014

Aquila dives as China’s Baosteel warns no better bid coming

Baosteel chairman Dai Zhihao threatened to dump the company's 19.8% stake and said it would not extend the offer past the July deadline.

June 12, 2014

Peak pollution: China aims for the top so it can go down

City-dwelling Chinese may still be choking on smog, but amid all the haze, China may turning a corner in its fight on pollution.

June 12, 2014

Asia Resource Minerals CEO von Schirnding steps down

The company, until recently known as Bumi, has named independent director Amir Sambodo as Nick von Schirnding’s successor.

June 11, 2014

US coal miner employment sustains free fall beyond second year

A free fall in U.S. coal mining employment that began after a near-term peak in the final quarter of 2011 has extended into 2014, with first-quarter employment dropping by more…

June 11, 2014

Report: Thermal coal price forecasts too pessimistic

Macquarie says sub-$65 unlikely because first Indonesian and then Australian producers will drop out of the market around these levels.

June 11, 2014

SNL Energy: Vanguard, T. Rowe price top coal institutional investor rankings for Q1

While first- and second-ranked Vanguard and T. Rowe Price saw year-over-year declines in the market value of the firms' respective publicly traded U.S. coal company investments, the aggregate market value…

June 10, 2014

Canadians losing enthusiasm for building closer ties with Asia

In 2013, 45% of Canadian surveyed said they felt Chinese investment would benefit Canada. In 2014, that number dropped to 35% in 2014, the lowest in a decade.

June 10, 2014

BHP Billiton a step closer to selling-off non-core operations

World's largest mining company said to be unloading all of the non-core units acquired after the merger with Billiton 13 years ago.