China and India could destabilize global coal market

NASCAR celebrity driver, Dale Earnhardt Jr., is appearing in ads supporting the coal industry.

This week we have meetings involving the ECB and the Federal Reserve followed by the job numbers on Friday. These meetings, summits, announcements have an effect on the investment community in that investment funds tend to stay on the sidelines until the direction of the markets becomes clear.

Looking at all the costs to construct and run power plants, it will be cheaper to build a wind or solar power plant within 18 years rather than one using nuclear or fossil fuel, says a research unit within the Australian Government.

A report indicating weak sentiment on the part of Australian mining companies would appear to substantiate warnings that Australia's flourishing resources sector is headed for a slowdown.

While their counterparts in Australia are having nothing to do with it, some wonkish types in the Republican Party are floating the idea of a carbon tax.

Phys.org says damage to streams and rivers in southern West Virginia is substantial due to mining, and even small operations can have a large impact on wildlife.

Believing that the natural gas nightmare may be ending, investors are returning to coal.

'Structural failure' at CONSOL Energy's mine and preparation plant in Pennsylvania has the company reporting that the Bailey and Enlow Fork mines could be fully impacted for the next two weeks.

A trading halt on Blackwood Corp (ASX:BWD) shares has cast further doubt upon Australian mining magnate Nathan Tinkler's audacious AUD$5.3 billion privatization bid for Whitehaven Coal (ASX:WHC).