TITLE

The Other Black Gold

AUTHOR(S)
Treadgold, Tim
PUB. DATE
March 2008
SOURCE
Forbes Asia;3/10/2008, Vol. 4 Issue 4, p16
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the prominence of coal as prime commodity that investors can profit from. Soaring prices, driven by Asian demand for power and aided by production shocks in coal-exporting countries, can explain the global interest to secure supplies for power generation and to make steel. Tata Steel joined the search by paying Riversdale $91 million for a minority stake in a small portion of an exploration prospect in Mozambique. Churchill Mining is in a similar position as Riversdale in that it has an asset in the ground.
ACCESSION #
31496080

 

Related Articles

  • THE BLACKENED SUIT (AND REPUTATION). CAMBREL, DAVID // Coal Age;Oct2010, Vol. 115 Issue 10, p20 

    The article analyzes the practice of adding coal waste into regular coal by coal suppliers in time when the coal market is strong and coal supplies are short to earn profit. It is stated that the coal sellers which buy coal from coal supplying companies indulging in the malpractice, face not...

  • Back In The Black.  // Coal International;Jul/Aug2002, Vol. 250 Issue 4, p156 

    Reports on the profit earned by coal producers in the U.S. during the second quarter of 2002. Implications of the heat wave for the demand for power plants; Amount of increase in the shares of mining company Peabody; Forecast on the viability of the coal industry in 2002.

  • High coal prices have investors interested.  // Mining Engineering;Jul2004, Vol. 56 Issue 7, p15 

    Reports on the interest of investors in acquiring coal holdings in the U.S. Factors which contribute to the interest of investors in coal holdings; Acquisition of the U.S. coal assets of RAG Coal International AG by an investment group led by Blackstone Group in May 2004; Purchase of the coal...

  • Noble Group stake in Gloucester Coal.  // Coal International;Jul/Aug2007, Vol. 255 Issue 4, p6 

    The article reports on the additional shares acquired by Noble Group in the listed Australian coal miner Gloucester Coal Limited. Noble holds 8.2 million shares which makes it the largest shareholder in Gloucester Coal. According to the company, there has been a structural shift in coal markets...

  • Tide turns against thermals, says CTI.  // Coal International;Sep/Oct2014, Vol. 262 Issue 5, p4 

    The article discusses finding of a new research by the Carbon Tracker Initiative (CTI) which has identified risks for coal investors due to decrease in demand growth from China and less future returns due to high cost new mines.

  • Coal. Doerell, Dr. Peter E. // Engineering & Mining Journal (00958948);Mar1999, Vol. 200 Issue 3, p55 

    Reports on developments related to coal mining and industry as of March 1999. Background on the market; Projections for producer countries in the year 1999; Factors affecting the market.

  • THIS MONTH'S COAL.  // Engineering & Mining Journal (00958948);Feb2001, Vol. 202 Issue 2, p54 

    Reports on developments related to coal production worldwide as of February 2001. Benefit of Australian producers from the continued increase of coal prices; Increase of demand for steam coal from power plants in the Far East; Forecast on the increase of world energy demand until year 2020.

  • PROCUREMENT IN COAL PRODUCTION UNION.  // Coal International;Sep/Oct2002, Vol. 250 Issue 5, p224 

    Discusses the procurement in coal production union that provides materials management services to a group of coal mines and other entities. Enterprises that provide operational, maintenance and other auxiliary services to coal mines; Characteristics of the coal industry; Organizational...

  • Indian coal prospects soar.  // Coal International;Mar98, Vol. 246 Issue 2, p49 

    Focuses on a report published by IEA Coal Research in Great Britain indicating prospects in coal production, supply and use in India. High demand for coal in India; Expectation that coal will remain the dominant fuel; Need for coal production to be expanded.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics