Latest Coal Stories
SINGAPORE, Jan. 21, 2013 /PRNewswire/ -- The first swap deal based on the Australian API 5 coal index has been transacted, global energy and commodity price reporting agency Argus announced today. The over-the-counter deal was brokered by Marex Spectron and involved Standard Bank as one of the counterparties. The API 5 index represents 5,500 kcal/kg NAR high-ash coal shipped from Australia and, together with the API 8 index representing the same quality coal shipped to China, is...
LONDON, January 18, 2013 /PRNewswire/ -- After a challenging 2012, the outlook for the coal industry has improved in 2013. Last year turned out to be a tough one for this industry, especially in the U.S. Our commodities research team has initiated this year's first wave of technical analysis on two companies in this industry, namely Peabody Energy Corporation (NYSE: BTU) and Arch Coal Inc. (NYSE: ACI). Download these reports for free at http://www.stockcall.com/todaysopinions...
PIRAEUS, Greece, Jan. 17, 2013 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead") today announced that the Company has entered into an agreement to acquire title and excavation rights in properties containing 18.6 million tons of estimated coal reserves for $11.0 million. NewLead also entered into an agreement to acquire ownership and leasehold interests in properties containing approximately 143.1 million tons of coal for $55.0 million. Michael Zolotas,...
PIRAEUS, Greece, Jan. 17, 2013 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead") today announced that the Company has entered into an agreement to acquire title and excavation rights in properties containing 18.6 million tons of estimated coal reserves for $11.0 million. NewLead also entered into an agreement to acquire ownership and leasehold interests in properties containing approximately 143.1 million tons of coal for $55.0 million. Michael Zolotas,...
PIRAEUS, Greece, Jan. 17, 2013 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead") today announced that the Company has entered into an agreement to acquire title and excavation rights in properties containing 18.6 million tons of estimated coal reserves for $11.0 million. NewLead also entered into an agreement to acquire ownership and leasehold interests in properties containing approximately 143.1 million tons of coal for $55.0 million. Michael Zolotas,...
BOGOTA, Colombia, Jan. 16, 2013 /PRNewswire/ -- VSUS Technologies Inc. (OTCQB: VSUT) ("VSUS" or the "Company") announced today it has entered into a definitive agreement to acquire Compania Minera San Jose Ltda. in Colombia from Erasmo Almanza. Compania Minera San Jose Ltda. is a twelve year old company set up to explore and exploit coal in central Colombia. VSUS Technologies is acquiring "San Jose Mining" to use as an operating subsidiary for their coal operations in Colombia....
HOUSTON, Jan. 16, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB: FEEC), a U.S. listed company operating the Shouyang Coalbed Methane (CBM) Block in Shanxi Province, People's Republic of China, is now pleased to confirm the completion and funding of a private placement of $60 million of senior secured notes with a three year term and associated warrants, combined with the decision by Standard Chartered Bank to roll forward $21 million of its existing $25.125 million credit...
SYMBOL OTCBB: PIEX NEWPORT BEACH, CA, Jan. 15, 2013 /PRNewswire/ - IBA Green, Inc., a wholly owned subsidiary of Pioneer Exploration Inc. (PIEX) is pleased to announce it has entered into a strategic business cooperation agreement with Spectrum based in Dubai, United Arab Emirates for implementation of a facility for the treatment of incinerator bottom ash (IBA). IBA is the toxic residual residue resulting from burning coal or solid waste in the process of generating electric...
ST. LOUIS, Jan. 15, 2013 /PRNewswire/ -- On Tuesday, Jan. 29, 2013, Peabody Energy will announce the results for the year ended Dec. 31, 2012. A conference call with management is scheduled for 10 a.m. CST on Tuesday, Jan. 29. Participants may access the call using the following phone numbers: U.S. & Canada (800) 230-1074 International (612) 234-9959 The call, replay and other investor data will also be available at...
HOUSTON, Jan. 15, 2013 /PRNewswire/ -- Synthesis Energy Systems, Inc. (NASDAQ: SYMX) has entered into an agreement with an undisclosed U.S.-based company to assess the feasibility and optimal uses of SES' gasification technology for the production of valuable 'green' chemicals. The agreement calls for SES to lead an engineering study, commissioned and funded by the undisclosed U.S. company, that will define an optimal use of potential feedstock combinations that may include used...
Latest Coal Reference Libraries
Coal is a fossil fuel extracted from the ground either by underground mining, open-pit mining or strip mining. It is a readily combustible black or brownish-black sedimentary rock. It is composed primarily of carbon and hydrocarbons, along with assorted other elements, including sulfur. Often associated with the Industrial Revolution, coal remains an enormously important fuel and is the most common source of electricity world-wide. In the United States, for example, the burning of coal...
