LONDON, July 1- Global mining firm Glencore said on Wednesday it would go ahead with a plan to close some operations at its Optimum Coal subsidiary in South Africa due to weak coal prices, a move which will result in the loss of 600 to 700 jobs. South Africa's National Union of Mineworkers had bitterly criticized the company's plan to shut down these assets, accusing...» Read More
A choking smog across much of northern China threatens major coal projects globally that are still on the drawing board.
They're called master limited partnerships, and investing in them can be as mystifying as the name. Here are some tips.
Chen Jiahe, Analyst at Cinda Securities tells CNBC's Cash Flow that while change will take a long time, he still likes the China market.
Brett Harvey, CONSOL Energy chairman & CEO, discusses his company's decision to sell five of its top coal mines and venture into natural gas as a means to be more competitive in the U.S.
This is part of the energy company's plan to expand into the natural gas space, reports CNBC's Kate Kelly with the details of the $3.5 billion transaction.
Faith Birol, Chief Economist at the International Energy Agency says the center of gravity of global energy demand is moving slowly but surely to the East.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research, Barclays discusses the outlook for China's coal and steel sector.
James Chanos, President, Kynikos Associates, says there is more bad news for global coal on the horizon as many countries switch to natural gas.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays says investors should be cautious when investing in pure-play coal companies, with the expectation that the coal price will continue to decline.
Miner Cliffs Natural Resources reported a drop in second-quarter earnings as global iron ore prices slid, but the results topped forecasts. Shares rose after-hours.
Coal stocks surged on increased power demand because of the heat wave across the East Coast. Why is the White House waging a war on this resource? Gregory Boyce, Peabody Energy, provides perspective.
Coal stocks are topping gains in today's trading session, with the "Fast Money" traders; and what to make of Microsoft's restructuring, with Colin Gillis, BGC.
Daniel Hynes, Director and Head of Strategy at CIMB tells CNBC's Cash Flow why he thinks Australian coal production will need to fall before the market can improve.
The US Chamber of Commerce said the president's Climate Action Plan punishes Americans with higher energy bills and fewer jobs. But a new study finds the opposite.
Kevin Crutchfield, Alpha Natural Resources CEO, weighs in on the decline in coal emissions and the White House's war on coal. "This is not only a war on coal, this is a war on Americans," he says.
"Currently people suggest we can do without coal, but coal makes up 40 percent of America's energy," says Colin Marshall, cloud Peak Energy president and CEO.
The White House is now waging a full-fledged war on coal, says CNBC's Larry Kudlow and Sen. Joe Manchin (WV-D).
Mad Money host Jim Cramer shares his final thoughts of the day.
China led a rise in global carbon dioxide emissions to a record high in 2012, casting doubt over the chances of limiting global warming to an acceptable level.
Growth in energy demand from developing nations will soon surpass the total energy consumed by the world in 1970. Is the world prepared to meet the energy needs of rising nations?