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Coal Price In World Market and Trade Higher
As consumers struggle to get used to $4-a-gallon gasoline, there’s another source of energy that is becoming more expensive: coal.
The price of a ton of Central Appalachian coal on the futures market was $42.65 a year ago and has risen to around $96, according to figures from the U.S. Energy Information Administration. That increase comes [...]
Platts Introduces Daily Spot Coal Prices
As the price of European coal pushes to the upside of its two-year highs near $70 per metric ton (mt), Platts, the world’s leading energy information provider and top supplier of benchmark prices, is introducing daily reporting of two of its benchmark coal prices to better facilitate risk management for financial and coal-dependent industries.
“These new [...]
Platts Introduces Daily Spot Coal Prices
As the price of European coal pushes to the upside of its two-year highs near $70 per metric ton (mt), Platts, the world’s leading energy information provider and top supplier of benchmark prices, is introducing daily reporting of two of its benchmark coal prices to better facilitate risk management for financial and coal-dependent industries.
“These new [...]
Mining To Slow Slowly Over Next Two Years
Here’s some good news for the big end of the market where resources are still booming. Leading economic forecaster and industry analyst BIS Shrapnel sees the current boom lasting through until the end of 2008.
It said yesterday that with work in the pipeline and more projects still to start, “investment is forecast to rise another [...]
