In his final State of the Union address, Obama said companies leasing coal and oil rights on federal land should pay more for the effects those fuels have on climate change.
That’s five coal mines that have shut down in B.C. in the last two years, thanks to a prolonged global glut and low prices for both thermal and metallurgical coal.
The best way to make money as a mining investor is by owning a company that has exploration success, or being on the right side of commodity price moves.