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Tag: coal prices

Alpha Natural Resources Could Soon File for Bankruptcy

Alpha Natural Resources (OTCMKTS:ANRZ) is planning to file for bankruptcy as soon as Monday, Bloomberg reported. Three people with direct knowledge of the matter told the news outlet that Alpha is considering such measures in light of weak metallurgical coal prices.

BP Energy Report: Coal Growth to Slow Over Medium Term

Mining Weekly reported on BP’s publication ‘Energy in 2014: After a calm comes the storm.’ According to BP chief economist Spencer Dale, coal will retain a dominant share of global energy (currently around 30 percent) but he added that “its rate of growth was likely to slow over the medium

5 Top Coal Stories for Q1 2015

The first quarter of 2015 didn’t bring much relief for the coal price and coal companies. And unfortunately now that we’re well into the second quarter of the year, the situation is not looking much better. That said, there’s definitely still interest in the coal market — here’s a look

Morgan Stanley Coal Price Outlook

Morgan Stanley put out its Global Metals Playbook this week, and things aren’t looking great for many of the commodities mentioned in the report. Unfortunately, thermal and metallurgical coal were not spared from that outlook.

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