S&P: "Coal Has Been One Hot Commodity Lately"

Source: Mineweb (10/2/08)

...despite what S&P Primary Credit Analyst Sherwin Brandford and Secondary Credit Analysts Michael Scerbo and Marie Shmaruk called "meaningful price volatility," they advised that "we think over the next two years industry fundamentals will remain positive because coal will continue to be a vital energy source for countries throughout the world."

Standard & Poor's declared that "coal has been one hot commodity lately," but does see risks to the sustainability of currently high prices.

In an analysis published Tuesday, S&P Primary Credit Analyst Sherwin Brandford and Secondary Credit Analysts Michael Scerbo and Marie Shmaruk discussed four specific threats to coal prices: regional dynamics, a stronger U.S. dollar, increased exports from outside the U.S., and supply from China.

Nevertheless, despite what the analysts called "meaningful price volatility," they advised that "we think over the next two years industry fundamentals will remain positive because coal will continue to be a vital energy source for countries throughout the world."

"Currently, about 50% of the electricity generated in the U.S. uses steam coal...

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."