
Thungela: CFO’s Pre-Close Statement for year ending December 2023
Thungela’s CFO reports that despite rail challenges, the company is on track to meet its full year 2023 guidance

Thungela’s CFO reports that despite rail challenges, the company is on track to meet its full year 2023 guidance

Thermal coal exporter Thungela Resources on Wednesday said it expects a 7.6% decline in production from its South African operations

European thermal coal imports looked set to reach an eight-month high in December as generators stock up in case of winter demand spikes

I’m going to kick this off by reiterating my avoidance call on all thermal coal, that is US domestic and seaborne thermal.

India’ is boosting its domestic coal production to reduce reliance on imports and satisfy increasing demand

The prices of seaborne thermal coal in Asia are diverging as strong demand for high-quality fuel drives a rally, but lower grades stagnate.

China announced it will establish a backup coal production system by 2027 to stabilise prices and secure coal supply

Cold weather finally hit Europe over the last couple of weeks. This is a decent start to winter, but thermal markets have a lot of work to do.

The federal government should step in and back development of coal-to-liquid fuel, a senior coal mining executive said.


European natural gas inventories are basically 99% full ahead of the mandated filling target of 90% capacity by November 1.

CONSOL Energy Inc. reported its financial results for the period ending September 30, 2023.