Foresight deal would land Murray Energy at top of US coal’s two hottest basins

Murray Energy plans to expand its footprint in the U.S. coal sector's other geographical hot spot with a major $1.40 billion investment in Illinois Basin-producer Foresight Energy LP.

SNL Financial | March 18, 2015 | 5:13 am

Majors’ gold reserves shrink under pressure from lower gold prices

As predicted in February, a 15% year-on-year drop in the gold price in 2013 forced mining companies to lower the prices they use to calculate their gold reserves.

SNL Financial | May 13, 2014 | 1:18 pm

SNL Energy: Coal, gas deliveries down in 2013 YOY among most ISOS

Total 2013 coal and gas deliveries to plants filing the monthly EIA 923 were down 2% and 12% respectively, compared to the previous year.

SNL Financial | May 1, 2014 | 3:15 pm

SNL Energy: more than 14 GW of noncoal capacity scheduled for retirement by 2023

Of upcoming noncoal retirements, more than 77% can be attributed to natural gas-fired capacity, while PJM has the largest percentage of total noncoal capacity retirements at the ISO/RTO level.

SNL Financial | April 25, 2014 | 7:24 pm

Largest coal mines still in Wyoming, but US is diversifying

The Powder River Basin was the home of the top nine producing mines in the U.S. during 2013, but the number of PRB mines in the top 25 declined compared to 20 years ago, according to SNL Energy data.

SNL Financial | April 21, 2014 | 1:37 pm

SNL Energy: Cold January boosted capacity factor of retiring coal plants above 50%

This extremely cold winter prompted an increased reliance on units slated to retire by the end of 2015.

SNL Financial | April 20, 2014 | 10:31 am

US coal demand slipping, but some basins faring better than others

Coal remains the largest source of fuel for electric generation in the United States. However, demand is shrinking.

SNL Financial | April 11, 2014 | 6:01 pm

SNL Energy: James River Coal’s recovery from bankruptcy could be hindered by contracts

Rocked by weakening thermal coal demand and a depressed metallurgical coal market, James River Coal Co. filed for bankruptcy reorganization April 7.

SNL Financial | April 10, 2014 | 2:15 pm

Falling gold prices forcing companies to recalculate reserves

A 15% year-on-year drop in the average annual gold price in 2013 is forcing gold producers to revise the prices they use to identify ores that are profitable to mine,

SNL Financial | February 13, 2014 | 9:15 pm

Traders don’t see fool’s gold as they invest more in copper

Copper traders are the most bullish in 15 months on mounting confidence that the U.S. economy will rebound at a time when […]

SNL Financial | February 3, 2013 | 2:58 am

OTC market: Weak market has US coal producers looking beyond borders for relief

Coal prices were mixed the week ended Jan. 31, reflecting the uncertainty about the timing and likelihood of a domestic thermal market […]

SNL Financial | February 2, 2013 | 11:58 pm

Coal becomes Mozambique’s 2nd-largest export earner

During the first six months of 2012 coal became Mozambique’s number two export, the Bank of Mozambique has revealed in its recent ‘Economic Climate and Inflation Perspectives’ report.

SNL Financial | November 24, 2012 | 5:42 pm

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