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Teck Updates Steelmaking Coal Guidance

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today provided guidance for expected realized steelmaking coal price and an update on estimated sales volumes for the third quarter of 2017.

The third quarter 2017 price index for steelmaking coal volumes sold under quarterly contract on the basis of the

SouthGobi Resources Announces Fourth Quarter and Full Year 2015 Financial and Operating Results and Update on Ovoot Tolgoi Resource Estimate

HONG KONG, CHINA–(Marketwired – March 29, 2016) – SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (“SouthGobi” or the “Company”). The Company today announced its financial and operating results for the quarter and the year ended December 31, 2015. All figures are in U.S. Dollars unless otherwise stated.

Significant Events and Highlights

The Company’s significant events

Coal Prices Buoyed by Cold Snap

Reuters reported that while coal prices rebounded from multi-year lows this week, the longer-term outlook remains weak. That’s largely because demand for the fuel is being tamped down by cheap oil and lower consumption in major markets.

Coal in 2015: Another Tough Year

Coal in 2015: Another Tough Year

The Investing News Network got in touch with global coal researchers at Wood Mackenzie to get more insight into trends driving the coal market in 2015. Here’s a brief overview of the coal space this year.

Peak Coal Could Save Thousands of Lives in China

A recently released study has found that should coal use hit its peak in China by 2020, thousands of deaths from coal related illnesses would be prevented, Reuters reported. Peak coal by 2020 would also see China cut its environmental costs and bring down its water consumption by 30 percent.

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

The Thermal Coal Market in 2014: Slow and Steady Recovery

Last week, Coal Investing News gave an overview of Joe Aldina’s take on the metallurgical coal market, and this week, we look at the Wood Mackenzie Analyst’s view of thermal coal. The stories are similarly gloomy, but as with met coal, Aldina is confident that a recovery is on the

The Met Coal Market in 2014: Conditions to Improve, Says Joe Aldina

At the 2014 Coal Association of Canada Conference and Trade Show, held in Vancouver from September 10 to 12, several analysts shared their views on the thermal and metallurgical coal markets. In particular, Wood Mackenzie analyst Joe Aldina gave an excellent overview of both markets and provided attendees with an

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Teck Updates Steelmaking Coal Guidance

URL: https://investingnews.com/daily/resource-investing/industrial-metals-investing/coal-investing/teck-updates-steelmaking-coal-guidance/