BHP Billiton plc (NYSE: BHP) today announced the closing of its Norwich Park metallurgical coal mine in Queensland. The mine is one of six owned and operated by a 50/50 ... Read Full Story »
Coal company stock prices hit a five-year high in the summer of 2008, just before the Lehman Brothers bankruptcy sent the entire global economy into a tailspin. Five-year lows hit ... Read Full Story »
Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, ... Read Full Story »
A Goldman Sachs analyst has raised the coal sector from 'Neutral' to 'Attractive' this morning. The big gainer was Patriot Coal Corp. (NYSE: PCX) which was raised from 'neutral' to ... Read Full Story »
Arch Coal, Inc. (NYSE: ACI) has finally pulled the trigger on an acquisition that has probably been in the works for months. The coal miner has announced an all-cash acquisition ... Read Full Story »
Our commodities coverage today looks at the bounce in prices following yesterday's across-the-board drop and reports on a review of Monsanto's best-selling herbicide. We also note some positive news on ... Read Full Story »
We have seen a filing from SunCoke Energy, Inc. to come public via an initial public offering. What makes this deal stand out more than other IPO filing is that ... Read Full Story »
Reports have been around or months that Alpha Natural Resources, Inc. (NYSE: ANR) would acquire Massey Energy Co. (NYSE: MEE). Other suitors were mentioned, but Alpha was always at the ... Read Full Story »
Like demand for crude oil, demand for coal is being driven by China. The government's recent decision to limit domestic production means that other coal miners will be sending more ... Read Full Story »