“In the next 12 months there will be an unprecedented amount of both domestic and cross-border mergers and acquisitions. U.S. reserves are undervalued relative to those in the rest of the world.” — Wilbur Ross, International Coal Group chairman
by Jason Simpkins
Baltimore — (TFN): The recent buyout of Alpha Natural Resources Inc. (ANR) by Cleveland [...]
Tags: 1088, acquisitions, alpha natural resources, anr, btu, china, cleveland cliffs, clf, coal, Hong Kong, jason simpkinsico, M&A, mergers, peabody, shenhua energy
“The black rock is under attack from governments, scientists and ordinary citizens throughout the world. And with no end in sight, our main source of electricity is in serious jeopardy.” — Greg Guenthner
by Greg Guenthner
Baltimore – (TFN): By a wide margin, the United States has the largest coal [...]
“Anyone who thinks China’s insatiable hunger for metals is going to subside any time soon need think again. On Monday it was announced that Chinese steelmakers have agreed to a new contract with Rio Tinto (RTP:NYSE) for the price of iron ore, which saw a 96.5% rise on last year.” — Dominic [...]
Tags: bhp, billiton, china, coal, futures market, iron ore, oil, Rio Tinto, RTP, speculators, steel, vale
“Get this: MTL posted a 94% year-on-year rise in coking coal output for the first quarter of 2008. Nickel and iron ore output also experienced year-on-year growth, though not as much as coking coal.” — Sara. Nunnally
by Sara Nunnally
Baltimore – (TFN): Last Thursday, Mechel OAO (MTL:NYSE) announced record [...]
“We saw exactly the same thing with uranium last year, we saw it with wheat, corn and soybeans this year; we saw it with copper, lead, zinc and nickel, we’ve just seen it with rice.” — Dominic Frisby
by Dominic Frisby, MoneyWeek
Baltimore – (TFN): When a commodity or [...]
Tags: coal, commodity, copper, corn, food, Gold, housing, iron ore, lead, nickel, oil prices, rice, soybeans, technical analysis, uranium, wheat, zinc
“Well, there we have it… energy crisis solved… right? Wrong. You see, for every good idea and every well-thought-out plan that may work on a small scale, there are always problems on a widespread level.” — Kevin Kerr
by Kevin Kerr, Whiskey and Gunpowder
Baltimore – (TFN): It seems that every [...]
Tags: alternative energy, biodiesel, coal, conservation, efficient homes, ethanol, geothermal, hydrogen, kevin kerr, nuclear, oil, recycling, smaller cars, solar
"While other electricity sources like nuclear and renewables are attracting all of the attention (and government subsidies), old reliable natural gas is on a sustainable bull run." — Andrew Mickey
by Andrew Mickey
Baltimore – (TFN): If you’re willing to look for it, there’s always a profit opportunity somewhere. Right now, [...]
"With oil prices flirting with the $100-dollar mark, energy demand at record levels and new coal-fired power plants popping up nearly every week across the globe, the coal industry is a solid one. " – Andrew Snyder
By Andrew Snyder
Baltimore (TFN) — It was about ten years ago when I first realized this world's addiction to [...]
"The longer the coal shortage in China and mine closings in South Africa continue, the more bruised you’ll get kicking yourself for not getting into a good coal company in the U.S. or Australia before it's too late." — Stephanie Grimmett
by Stephanie Grimmett
Baltimore – (TFN): Peak oil, huh? How about peak [...]