Trump promised a coal comeback but America’s miners need an energy revolution

In countries like Chile and Morocco, the tipping point has already been passed.

Minister Kayode Fayemi is negotiating a $500 million investment fund with the Nigerian Sovereign Investment Authority.

Drilling commenced circa 2 kilometres from a previous RC drill hole, which returned 60m at 10.7% Total Graphitic Carbon.

CHARTS: Panic buying from Europe and India said to be behind met coal surge.

While many still see space mining as science fiction, global recruitment expert Fircroft has compiled data that proves it feasible.

Move comes three weeks before a federal appeals court hears Don Blankenship’s challenge of his criminal conviction.

Incident highlights operational and reputational risks faced by companies operating in the extractive sector in underdeveloped parts of central and eastern India, says expert.

While met coal is clearly the star performer, thermal coal is probably the biggest upset – seaborne prices have jumped 65% in 2016 to above $80 a tonne.

The company believes the market is set to move back into balance in 2017, with demand to exceed global supply.