MORGANTOWN, W.Va.— A Murray Energy subsidiary and the United Mine Workers of America have settled a lawsuit over the company's use of non-union workers to perform work on seals at an underground coal mine in north-central West Virginia. District Judge Irene Keeley approved the settlement and dismissed the UMW's lawsuit against Monongalia County Coal Co. on...» Read More
So here's how Cramer's playing it.
Chinese provinces are rationing electricity as soaring coal prices squeeze power generation companies, underlining the challenges facing the world’s largest energy consumer as global fuel prices rise. The FT reports.
China’s slowing growth in industrial output does not reflect softening demand for coal, says Alexander Molyneux, CEO China-focused coal miner SouthGobi Resources, who expects demand to be supported by a lack of supply.
While silver moves up and down, there's one commodity you can rely on, particularly because of growth in developing markets like China and India, and that's coal, says Cramer.
Commodity prices may have recovered slightly from last week's sharp selloff but the downtrend is likely to stay in place for the next few months, warned analysts.
In the wake of the Arch Coal-International Coal deal, the "Fast Money" traders discuss which mining companies could be the next to get bought out.
Cramer thinks he may have found one. But to be sure, he interviews this company's CEO.
The price of coal is rising in the United States thanks to the economic recovery and new environment regulations that are restricting supply, with Mad Money host Jim Cramer, and Steve Leer, chairman and CEO of Arch Coal.
The mining industry has been caught by natural disasters in the Pacific region, an intense mergers and acquisitions environment and emerging countries eyeing to get a hold on commodities resources, Evy Hambro, MD and CIO of the natural resources team at BlackRock told CNBC.
Kevin Ferry, Cronus Futures Management, discusses what happened in overnight trading as well as what he wishes would happen with the Fed. And the House tries to ban the EPA from regulating greenhouse gases, with Rep. Ed Whitfield (R-Ky.) Energy & Commerce Committee.
The volatility switch has flipped in the energy sector, creating opportunities for investors ready to buy at increasingly attractive entry points in what may be a repeat of the 2008 mega-rally.