Articles On Cokal (ASX:CKA)

If coal’s crazy 2022 was a wonder to behold and a watershed moment for investors who have spent years chastising the ESG lens that has quickly and loudly engulfed the resources market, 2023 has been a chastening experience for those who tho...

China’s state iron ore buyer seems to be costing its mills more money than it is saving them in price negotiations with miners Reuters reports little has changed in the iron ore trade since the much-hyped introduction earlier this year of...

Falling met coal prices have helped stabilise steel mills, providing solace for iron ore miners who have seen prices fall Chinese property data remains a concern for iron ore: NAB Genmin submits mining permit application ahead of FID for B...

Despite prices falling this year, Australian Pacific Coal interim CEO Ayten Saridas says the thermal coal market has legs Its Dartbrook mine restart is one of a handful of coal developments approved to come online in the coming year Iron o...

Chinese steel and iron ore demand an opaque picture as always as strong prices remain Sundance continues legal fight over African iron ore project Could ASX-listed Siberian coal miner be falling foul of Australian sanctions? Chinese steel...

Tribeca Investment Partners portfolio manager Todd Warren gives us his take on bulk miners and commodities Champion Iron could be a long term beneficiary of rising spreads for higher grade iron ore Glencore and Teck, currently involved in...

Coal company Cokal has released a market update pertaining to planned resources and reserves at its BBM coal mine and has subsequently dropped 6% in share price. The post Cokal [ASX:CKA] Presents Market Update for BBM Resources and Reserves...

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

Cokal (CKA) launches a $16 million placement to accelerate coal production at its flagship Bumi Barito Mineral (BBM) project in Indonesia The funds will go towards enhancing the development of transport infrastructure to support BBM’s ra...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

ASX recovers to finish a bit less awful than it was at lunchtime, down 0.2% Magnis Energy Technologies climbs 6% on news that Elon wants to Bogart all its battery metals Connexion Telematics’ General Motors contract extension prompts an 80...

Term sheets were flying around like confetti on Tuesday morning, as small caps looked to re-stock funding warchests before markets turned sour. 

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Cokal (CKA) finally begins loading the first coal for shipment from its Bumi Barito Mineral coking coal mine in Indonesia after facing delays due to low water levels The company says water levels at the Krajan Jetty are now at a safe eno...

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

Little joy for investors in December with traditional Christmas rally not eventuating in 2022 Meteoric Resources leads December winners after positive metallurgical results at its new Caldeira project. Symbio Holdings saw its share price p...

December winner Meteoric Resources sees a non-executive director buy 6 million shares Northern Star Resources and Chalice Mining directors sell in December for tax obligations Johns Lyng Group COO Lindsay Barber sells 4 million shares, ~3...

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus...

Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa...

AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect...

Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low...

Cokal (CKA) begins producing saleable coal at its 60-per-cent-owned Bumi Barito Mineral (BBM) mine in IndonesiaThough initially scheduled for September, CKA says production has now officially begun, and product coal is being stockpiled at t...

ASX to rebound as Wall St rallied across the board overnight Asset prices rose in Europe and US as new UK chancellor Jeremy Hunt reversed the previously announced tax cuts RBA Deputy Governor Michelle Bullock will speak today Local share...

BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa...

Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or...

Highlights: The ASX 200 benchmark index closed 2.58% down to end at 6,828.60 points today (as of 4:17 PM AEST, 14 September 2022). Over the last five days, the index has gained 1.48%, but is down 8.27% for the last year to date. All 1...

Cokal (CKA) reports a new milestone at the Bumi Barito Mineral (BBM) coking coal mine in Indonesia The company’s contractors have now begun overburden removal in the Pit 3 Mining AreaThe haul road is continuing to be upgraded, while the Kra...

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou...

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Highlights: The ASX 200 benchmark index closed in red today (23 August), losing 1.21% to end at 6,961.80 points. Over the last five days, the index has lost 2.02% and 7.05% over the last 52 weeks. Eight of 11 sectors ended the day in...

Cokal’s (CKA) first sealable coking coal production from the Bumi Barito mineral coking coal mine in Indonesia is on track for September 2022 The site, held jointly by Cokal and the Government of Indonesia, is being rapidly developed, with...

Carl Capolingua is the only Australian technical analyst you will meet in this story. He works by candlelight at ThinkMarkets and lives with the little candelabrums in the western state that does what it wants, where they admire his unique...

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

Cokal (CKA) appoints PT. Citarum Borneo Quantum (CBQ) as an additional mining contractor to provide services at the Bumi Barito mineral coking coal mine in Indonesia Under the contract, CBQ will perform open pit overburden mining services...

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

The ASX 200 ends ever so slightly up, XEC finds 0.4% Gains in consumer discretionary, tech offset big losses for energy, resources, materials. South Korea, Kiwi’s lift rates ahead of tonight’s US CPI read Investors are facing crunch time...

Cokal (CKA) appoints Director Karan Bangur as CEO as part of its strategic transition towards a coal-producing company, effective immediately Chairman Domenic Martino says the appointment pointed towards the strength and depth of the team...

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...

June was a dreadful month for resources stocks. The S&P/ASX 200 Materials index (XMJ) went into freefall, shedding a substantial 14%. The XMJ is currently looking at a year-to-date loss of ~10%. Part of the fall can be attributed to an...

Cokal (CKA) has announced James (Jim) Coleman has resigned as CEO after four years The company says Mr Coleman hasn’t been able to be closely involved in its operations in Indonesia due to being stranded in Australia during the covid perio...

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

Cokal (CKA) continues to make progress on the development of the Bumi Barito Mineral coking coal mine in Indonesia Initial operations will see coal transported from Krajan via a floating crane placed at the Batu Tuhup jetty Once the jetty...

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...