Use access key #2 to skip to page content.

XMFSinchiruna (27.14)

Status Report: The Bustling Market for Exported U.S. Coal

Recs

28

January 16, 2013 – Comments (3) | RELATED TICKERS: BTU , ACI , ANR

I'm digging deep into the coal market this week. Thanks for coming along:

http://www.fool.com/investing/general/2013/01/16/the-bustling-market-for-exported-us-coal.aspx

Excerpt:

"The United States shipped more coal into the global seaborne market last year than ever before -- crushing the previous record of 113 million short tons set back in 1981 -- with 2012 exports reaching 124 million tons. Over the trailing three years, total export volume promptly doubled! Such an astounding growth rate will not be sustained, and 2013 exports will likely see some pullback as domestic consumption rebounds slightly. But those bullish global demand forecasts do bode well for the underlying growth trend over the longer term."

3 Comments – Post Your Own

#1) On January 17, 2013 at 2:47 PM, awallejr (77.23) wrote:

Well I thought MTL's buying of a controlling interest in Vanino port (located on the Pacific side of Russia), while expensive, is a great fit for their exporting coal from their Yakutia coal assets.

Report this comment
#2) On January 17, 2013 at 9:33 PM, skypilot2005 (< 20) wrote:

http://www.aurcana.com/i/pdf/130117_NR.pdf

1/17/13

Aurcana Reports Fourth Quarter and 2012 Year to Date Production Results

 

Vancouver, BC, January 17, 2013- Aurcana Corporation ("Aurcana" or the "Company") (TSXV:

AUN, OTCQX: AUNFF) is pleased to report the Q4 2012 and 2012 year to date production results.

Total production of silver ounces equivalent for Q4 2012 was 624,810, up  34% from Q4

2011. The 2012 year to date production of silver ounces equivalent was 2,539,008, up 42% from 2011.

 

Total production of silver ounces for Q4 2012 was 336,956, up 27% from Q4 2011. The 2012 year to date production of silver ounces was 1,388,664, up 38% from 2011.

 

Ore milled in Q4 2012 was 187,255 tonnes, up 49% from Q4 2011 and 691,260 tonnes year to date, up 37% from 2011.

 

The 2012 year to date average grade of silver is up 2% to 78 g/t from 2011.

The 2012 year to date average grades of zinc, copper and lead is up 6%, 3% and 14% respectively from 2011.

 

Production figures originate from La Negra mine. 

Sky 

Report this comment
#3) On January 21, 2013 at 12:03 PM, miteycasey (30.49) wrote:

Thank fracking and natural gas.

Report this comment

Featured Broker Partners


Advertisement