Analyst sees big problems ahead for both met and thermal coal sectors in U.S.

first_imgAnalyst sees big problems ahead for both met and thermal coal sectors in U.S. FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):At least one analyst believes that more U.S. metallurgical coal mines are likely to shut down in the coming weeks and months following Murray Energy Corp.’s announcement that it is shutting down its Maple Eagle coal mine West Virginia.Due to soft demand for steelmaking coal around the world, Murray’s decision to temporarily idle its metallurgical coal operation is likely only the beginning of an “accelerated number of mine shut-ins in the U.S.” Seaport Global Securities LLC analyst Mark Levin wrote in a Sept. 30 note. While the sector has been slow to respond as prices dipped in the past, it is reacting with greater urgency to shut down mines that are losing money this time around, the analyst added.“At the end of the day, we think it’s fair to say the market is in tough shape, and it’s not abundantly clear to us why it would get a whole [lot] better any time soon,” Levin wrote.Levin estimated that about 10 million tonnes of U.S. metallurgical coal could be at risk if prices do not meaningfully improve. At least a quarter of that production could come offline in the next 90 to 120 days, with higher-cost and lower-quality supply likely to be the first to go, Levin wrote.Levin added that U.S. exports of thermal coal used to generate power are also likely “off a lot” in 2020. Aside from some success from Consol Energy Inc. partnering with coal marketer Xcoal Energy & Resources, very few thermal coal exports have been contracted for 2020, Levin wrote. “Not one industry player with whom we have chatted expects U.S. thermal exports to be down any less than 20% next year,” Levin wrote.Domestic coal sales continue to be challenged by the low price of natural gas as well. Without export demand to serve as a release valve, thermal coal production idlings could also be coming in a few months.More ($): More closures likely at U.S. met coal mines soon, analyst sayslast_img read more

Daily Dirt: Outdoor News for May 22, 2013

first_imgYour outdoor news bulletin for May 22, the day 1,000 brave adventurers set out on the Oregon Trail in 1843 hoping to find freedom, fertile land, and a video game franchise to span generations:Bike Share Business BreakdownBike Share systems are sweeping the nation, popping up in cities big and small. They are a great asset to commuters, transient workers, and anyone who doesn’t own a car or wants to limit their carbon footprint by not driving around – a group that is growing rapidly in this country. The Washington Post has a very interesting article that focuses not so much on the environmental and social aspects of a D.C.’s Bike Share program, but the economics and business side of it. The District’s Capital Bikeshare network has more shared bikes in circulation than any other region in the nation (when you include Arlington, Alexandria, and metro D.C.) with 1,890 bikes and 22,000 members. The article dives into the system used to keep popular racks stocked with bikes, the effect on drawing young professionals to live there, prices compared to other forms of public transportation, etc. If you are interested in bike shares, this is a must read.Petition to Repeal Backcountry Camping FeeA petition has been posted to Change.org demanding that the National Park Service repeal the backcountry camping fee in Great Smoky Mountains National Park. The $4 per person, per night  fee was implemented in February of 2013 and is being used to increase customer services to backcountry campers. This has rankled many of those who believe they should not have to pay a fee if they do not use amenities, should be able to buy a year pass, or should be able to sleep in GSMNP more than the 60 day limit. The end of the petition states: “We no longer have confidence that Superintendent Dale Ditmanson can effectively and efficiently manage the day to day operations of Great Smoky Mountain National Park in the best interest of the citizens who use this most beloved of national parks.” Ouch. As of this writing, the petition had 97 of the 100 signatures needed.People Love the Ocoee RiverAccording to a recent study by Steve Morse, an economist and associate professor in the University of Tennessee Knoxville’s Department of Retail, Hospitality, and Tourism Management and commissioned by the Ocoee River Outfitters Association and the America Outdoors Association, Tennessee’s Ocoee River was the most visited whitewater river in the U.S. With 229,542 visitors in 2012, the Ocoee trumped the Arkansas River in Colorado (208,329), the Pigeon River also in Tenn. (169,060), The Nantahala in N.C. (165,906), and the Lehigh River in Pennsylvania (110,422). The study states that visitors left a $42.8 million economic impact and supported 622 jobs the Ocoee Region. That’a a lot of hooch.last_img read more

Garmin Instinct Esports Edition gaming smartwatch lasts for up to 14 days » Gadget Flow

first_img– Advertisement – The Garmin Instinct Esports Edition gaming smartwatch is a powerhouse—just like you. In fact, this gamer watch boasts 14 days of battery life in smartwatch mode so you never have to stop in the middle of a battle to recharge. If you use it in eSports mode, this gaming smartwatch lasts for up to 80 hours. Though it’s designed to help you succeed at all your gaming endeavors, this eSports watch takes all of your health into account. It includes a sleep-cycle tracker so you’re always rested, and it even offers a stress tracker with management techniques. Furthermore, this smartwatch has game stream integration and an activity profile that lets you analyze your gaming performance. You can even use STR3AMUP! to broadcast your heart rate and stress level. Of course, this Garmin watch also has more than 30 sports apps so you can physically train, too.last_img read more

US indicts North Koreans, accuses state-owned bank of evading sanctions

first_imgTopics : The indictment adds to mounting friction between Washington and Pyongyang after denuclearization talks launched by US President Donald Trump and North Korean leader Kim Jong Un stalled.The indictment is the largest of any North Korea sanctions violations case, a US law enforcement official said. The alleged crimes include money laundering and bank fraud.Washington “has signified its commitment to hampering North Korea’s ability to illegally access the US financial system and limit its ability to use proceeds from illicit actions to enhance its illegal WMD and ballistic missile programs,” Acting United States Attorney Michael Sherwin said in a statement.Some of the $2.5 billion was directed to North Korea’s nuclear weapons and ballistic missile program, a US official said. The US Justice Department accused North Korea’s state-owned bank of evading US sanctions laws and charged 28 North Korean and five Chinese citizens in its largest crackdown on North Korea sanctions violations.In a grand jury indictment made public on Thursday, US prosecutors accused North Korea’s Foreign Trade Bank (FTB) of conspiring with the employees charged to cause other banks “to process at least $2.5 billion in illegal payments via over 250 front companies.”The United States blacklisted the FTB in 2013; the UN Security Council did so in 2017.center_img The transactions took place in China, Russia, Libya and Thailand, and many of those charged were bank employees, including two former presidents of the FTB and two former co-vice presidents.North Korea has been subject to UN sanctions since 2006 that have been strengthened by the Security Council over the years in a bid to cut off funding for Pyongyang’s nuclear and ballistic missile programs.North Korea continued to enhance those programs last year in breach of UN sanctions, according to a report this year to the UN Security Council.last_img read more

How do Man City compare to Premier League’s best?

first_imgManchester United 2006-07Premier League record after 14 games: W11 D2 L1 F30 A7 Pts 35Having been left for dead by Chelsea in the previous campaign, there were few expectations United would become front-runners, but Alex Ferguson’s side took the title race by the scruff of the neck with 11 wins in their first 14 games. United’s early-season form showcased the nascent partnership between Wayne Rooney and Cristiano Ronaldo, whose goals would fire the club to three successive Premier League titles and Champions League glory in 2008. United finished the 2006-07 season six points clear of Chelsea, who suffered the indignity of having to offer their rivals a guard of honour when they hosted Ferguson’s men on the season’s penultimate weekend.Manchester City 2011-12Premier League record after 14 games: W12 D2 L0 F48 A13 Pts 38The only team to have outscored Guardiola’s City at this stage of a Premier League season, Roberto Mancini’s side made a blistering start to the campaign, averaging 3.43 goals per game in their first 14 matches. The centrepiece of that run was a seismic 6-1 victory away to defending champions Manchester United in the October, which was their derby foes’ worst home defeat since February 1955. It left City five points clear of United at the top of the table, but a spring surge by United took the title race right to the wire. Mancini’s men ultimately prevailed on goal difference courtesy of Sergio Aguero’s immortal stoppage-time goal against Queens Park Rangers on the final day.Manchester City 2017-18Premier League record after 14 games: W13 D1 L0 F44 A9 Pts 40Guardiola’s City are the first Premier League team to have amassed 40 points in their first 14 games, their sparkling sequence of victories featuring a 6-0 win at Watford, a 7-2 annihilation of Watford and 5-0 thrashings of Liverpool and Crystal Palace. Spearheaded by Raheem Sterling, Sergio Aguero, Gabriel Jesus and Leroy Sane, they have not dropped points since a 1-1 draw with Everton on August 21. Eight points clear of Manchester United, the title seems to beckon and if they win their next two games — at home to West Ham United and away to Manchester United — they will set a new record for successive victories within the same English top-flight campaign.Share on: WhatsApp London, United Kingdom | AFP | Manchester City’s dramatic 2-1 win over Southampton on Wednesday restored their eight-point lead at the Premier League summit and further enhanced their status as overwhelming title favourites.Pep Guardiola’s sparkling team have smashed record after record since the start of the season and are currently on a 19-game winning streak in all competitions.But how do they match up against teams who have made similarly impressive starts to a Premier League campaign?Arsenal 2003-04Premier League record after 14 games: W10 D4 L0 F28 A10 Pts 34One of the most feted teams in the history of English football, Arsene Wenger’s ‘Invincibles’ became the first side since Preston North End in 1889 to complete a top-flight season unbeaten. After 14 games of the 2003-04 campaign Arsenal were actually second in the table behind Chelsea, who had flown out of the blocks under Claudio Ranieri. But Chelsea wilted during the English winter, winning only three of their next eight games, and Arsenal, inspired by Thierry Henry, stormed past to glory.Chelsea 2005-06Premier League record after 14 games: W12 D1 L1 F33 A7 Pts 37Chelsea took England by storm in Jose Mourinho’s first season as manager in 2004-05, finishing 12 points clear of Arsenal at the top of the table, and they picked up where they had left off the following campaign. Mourinho’s men won their first nine games and although Manchester United beat them 1-0 in early November, Chelsea were 10 points above them — having played a game more — after 14 matches. Chelsea responded to the defeat against United with a salvo of 10 successive wins and finished eight points clear at the top despite losing their last two matches.last_img read more

Pep says early wins gave Man City huge boost

first_img“We have to respect them and the best respect to them is to be serious and play the strongest team possible. That’s why we’ve done that in the last period.”Guardiola has made the best start to a season in his managerial career, which also includes hugely successful spells in charge of Barcelona and Bayern Munich.But while he is clearly delighted with his players’ efforts to date, he is predictably playing down talk of setting records and winning trophies, despite a 12-match winning streak in the Premier League.“We cannot deny I am so satisfied with the previous results, but there are more than 70 points to play,” he said. “We have to more than double the points to be champions.“Barcelona and Bayern Munich won a lot of titles and prizes before me, during my management and after,” he said.“Here we have broken a lot of records, but that’s good for us. The club doesn’t have the history (of winning titles).”“It doesn’t count much for the title but it counts for the way we play — in the good moments we win comfortably, in the bad moments we keep going and keep our faith to try to do it,” he said.Share on: WhatsApp Pep Guardiola believes a good start gave his players huge boostManchester, United Kingdom | AFP | Pep Guardiola says landmark early-season wins infused his Manchester City stars with the belief that they could beat all-comers but warned that his Premier League high-fliers they have won nothing yet.The City boss, whose team host West Ham on Sunday, believes four victories in particular gave his players an injection of confidence.“Winning against Liverpool at home, winning at Stamford Bridge (Chelsea), winning against Napoli, against Shakhtar at home, they’re both complicated teams,” he said.“Confidence — you can’t just say it, ‘oh, now you have to be confident’. It doesn’t work like that. They have to see it and believe it. You have to feel it — ‘OK, we can do it’.“The captain, Vincent (Kompany), said ‘we now have the feeling wherever we go we are able to win’. That is the first step to arrive at the end of competitions to fight to win the title.”Guardiola, 46, has earned a reputation for talking up opponents, regardless of how modest they appear on paper. Already this season he has described Napoli as the best team in Europe and claimed Ukrainians Shakhtar Donetsk were one of the continent’s best sides.He says that it is not simply a case of mind games but a genuine respect for every side he faces.“These kind of things happen in Barcelona,” said Guardiola. “I was asked many times about that when we have good results.“I speak well about the opponents and people say ‘Pep has false humility. He’s a liar. He’s saying something he doesn’t believe’. I can’t think it’s already done, or it’ll be easy. I think it’s ridiculous.last_img read more

LBJ gets a better seat among NBA’s greats

first_imgMichael Jordan, who stubbornly kept trying to win a championship by himself, got his first ring in his seventh season in Chicago and won six before he retired—the second time. Ever competitive, he still refuses every offer to comment on any other player, let alone compare them to you-know-who.Oscar Robertson, who made a career setting up teammates to succeed, squandered a decade trying to win in Cincinnati, then moved to Milwaukee and partnered with a young Kareem Abdul-Jabbar to get his first and only title. He couldn’t have been more complimentary about James.“He’s getting smarter, he’s only 27 and still too sensitive to what people think about him. He’ll get over that and if nothing else, it stops the ‘when are you …’ talk,” Robertson said. “Then he won’t give a damn what they say. That’s when we’ll see real LeBron come out.”It’s been an article of faith in sports that sooner or later, the “next one” will come along. If not in this era, then the next, or the one after that. Robertson was the original “big guard,” a threat to score, hand out assists and grab rebounds, the only player in league history to average a triple-double over the course of a season. But he played the game at roughly 6-foot-5 and 220 pounds for 14 seasons, retiring in 1974.James is 6-8 and 250, with much the same skill set, and a RoboCop physique to boot. Considering how many individual awards he’s already piled up in nine seasons—MVPs, scoring championships, All-Star selections and record-book entries—his accomplishments might one day dwarf all those of guys who played the same spot on the floor.That means Jordan, Magic Johnson and Kobe Bryant, each of whom won multiple championships. Think back to the day when the argument over best-ever was confined to the dominant big men: Bill Russell, who won 11 titles in Boston, versus Wilt Chamberlain, who won two. And if it comes down to rings, Clyde Drexler, another big guard voted onto the “NBA’s 50 Greatest Players” honor roll, wonders whether James will ever get his due.Like James, he came up short several times in the postseason in Portland, then moved to Houston alongside Hakeem Olajuwon and won his only championship.“I’m one of those guys who says you can’t view team sports the same way you view individual sports. If he gets you 30-plus points, 10 rebounds a night and I’m his teammate and I miss two free throws at the end of the night, is he a great player or not? And does he have to rely on other people for that judgment?” Drexler said, without waiting for an answer. “No.“The guy has an unbelievable resume, he’s the most unselfish, hard-working guy on the court and if you’re a fan of the game, you can’t help but love the way the guy plays the game. So here’s one way to look at it. Before ‘The Decision,’ he was one of the most revered athletes’ on the planet. After ‘The Decision’—and it wasn’t the best way he could have handled that situation, but it’s over—people just, just sort of threw him down the stairs.“I know what Michael (Jordan) said about playing against your rivals instead of with them. But when I got to Houston and started playing with Hakeem, frankly, I needed a lighter load. I knew I wouldn’t have to work as hard.“With LeBron, the expectations were outsized once he said he was going to Miami,” Drexler said finally. “He met those once. We’ll find out how much he’s got left.”The funny thing about success for guys that good is that it cranks up expectations instead of easing them. What marked Jordan as special is that every offseason, after the cigars were extinguished, the champagne ran out and the trophy was passed around, he went back to work turning a weakness—left-handed dribble, mid-range jump shots, developing a fadeaway to avoid blocked shots—into a strength.It’s that trait that Magic thinks will ultimately decide how far James continues climbing the ranks. Noting James was already a deadly scorer, a top-shelf passer and as tough a rebounder as he needed to be, Johnson said his improved post-up game—following extensive offseason training with Olajuwon—had already established James as “the most unstoppable force we have in the NBA.”“Before, my biggest knock on LeBron was he was just playing off his God-gifted talent,” Johnson said during a conference call before Game 5. “He was just the best athlete. But he didn’t play with his head to match that. Now he’s playing with his talent and with his head, and wow, watch out. This guy is going to set the league on fire for a long time. … I know there was an earlier question about how dominant has his performance been. We look to see this from LeBron for years and years to come.”We’d better.After all, he promised “not two, not three, not …” well, you get the idea.(Jim Litke is a national sports columnist for The Associated Press. Write to him at [email protected] and follow him at Twitter.com/JimLitke.) CHAMPION—Miami Heat small forward LeBron James holds the Larry O’Brien NBA Championship Trophy after Game 5 of the NBA finals basketball series against the Oklahoma City Thunder, June 2, in Miami. The Heat won 121-106 to become the 2012 NBA Champions. (AP Photo/Lynne Sladky) by Jim LitkeSome of the NBA’s greatest players ever didn’t need to see a championship ring to count LeBron James in their ranks.In what amounts to a game of “musical chairs”—and that’s what ranking “the greatest anything” comes down to—a few sounded prepared to give up their seats. But if James wants to occupy the last one, if it’s important to him to be the best of the best, the ring he picked up last Thursday night better not be his last. He has a lot of ground to make up.last_img read more

Ind vs Ban 1st Test 2nd Day Review: Mayank’s double ton drives India to…

first_imgImage Courtesy: WisdenAdvertisement co6nf9NBA Finals | Brooklyn Vs11ktWingsuit rodeo📽Sindre Esh2( IG: @_aubreyfisher @imraino ) 5bjWould you ever consider trying this?😱1eCan your students do this? 🌚atp1Roller skating! Powered by Firework Mayank Agarwal’s purple patch continued with yet another prolific first innings outing which was subsequently converted into his second double hundred. Ajinkya Rahane and Ravindra Jadeja chipped in with fifties as the hosts ended the day with a mammoth lead of 343.Advertisement Image Courtesy: WisdenResuming from 86-1, Cheteshwar Pujara fell soon after reaching his half-century. Abu Jayed struck gold as he managed to dismiss Virat Kohli for a second-ball duck after trapping him right in front of the stumps.The Indian vice-captain joined the proceedings and shared a 190 run partnership for the fourth wicket before getting dismissed for 86. Agarwal, at the other end, continued to prolifically score before getting to his double ton. The opening batsmen registered 8 maximums to his name, which is a new record for an Indian batsman.Advertisement Ravindra Jadeja got to his fifty as well while Umesh Yadav presented the theatrics by the end of the day’s play with an explosive contribution of 26 off 10 deliveries which included 3 sixes.Read Also:Advertisement Watch Abu Dhabi T10 League Live and Exclusive on SONY SIX & SONY SIX HD, SONY TEN 3 & SONY TEN 3 HD (Hindi)Ind vs Ban 1st Test Day 1 Review: Bangladesh collapse yet again to hand India early honours  Advertisementlast_img read more

HUGE CROWD EXPECTED TO PARTICIPATE IN THE BALLYLIFFIN OPEN WEEK

first_imgVenue with 2 great links in County DonegalPROMOTED POST: Ballyliffin Golf Club has been described by many golfers who have had the privilege of playing at the stunning venue as one of the best links courses in Ireland.Today, Ballyliffin’s OPEN WEEK swings into action and as always a HUGE crowd is expected to attend what promises to be a wonderful week of golf.John Farren told Donegal Daily, “We’re expecting a large crowd for the annual Ballyliffin Open Week with Daily Competitions on alternate Championship courses, which are in excellent condition.“The timesheets are available from Friday June 19th at 9am and Prize Presentations will take place on Friday July 3rd and Sunday July 5th. “Ballyliffin GC would like to acknowledge and thank our sponsors for the weeks festivities – Inishowen Gateway Hotel, Neal Doherty Jewellers, Travellers Insurances,Desmond Motors Ford,The Ballyliffin Hotel and North West Gas Company.“Contact the Proshop on 0749378100 to book your teetime. HUGE CROWD EXPECTED TO PARTICIPATE IN THE BALLYLIFFIN OPEN WEEK was last modified: June 19th, 2015 by Mark ForkerShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:newsNoticesSportlast_img read more

Preston v QPR line-ups: Three Rangers changes, youngster makes debut, PNE duo return

first_img Follow West London Sport on TwitterFind us on Facebook Belgian youngster Ilias Chair makes his league debut for QPR at Deepdale.Chair, 20, comes in for the suspended Luke Freeman, while defender Alex Baptiste has been passed fit after shaking off a minor injury.Rangers, without a number of sidelined defenders, make three changes, with Pawel Wszolek and David Wheeler also starting.There is a place on the bench for forward Paul Smyth – a summer signing from Linfield. Jamie Mackie and Conor Washington are up front.Preston captain Tom Clarke starts for the first time since April and the home side have Ben Pearson back from suspension.Preston: Maxwell, Clarke, Pearson, Brown, Hugill, Gallagher, Fisher, Davies, Huntingdon, Robinson, Barkhuizen. Subs: Rudd, Boyle, O’Connor, Welsh, Pringle, Harrop, Horgan.QPR: Smithies, Baptiste, Robinson, Bidwell, Wszolek, Scowen, Luongo, Chair, Wheeler, Mackie, Washington. Subs: Lumley, Cousins, Manning, Smith, Goss, Smyth, Sylla.last_img read more