Mining Capital's Alastair Ford gives his take on coal and currency wars, specifically his analysis on how coal mining companies Minergy (MIN:BT) and Anglo Pacific Goup PLC (APF:LSE) are faring.
Ford says there is an increasing demand on coal, and believes Minergy will be one of the few coal companies listed on AIM with significant prospects.
Ford says Anglo Pacific Group is benefiting from the strong coal pricing environment, with an increased amount of mining on its Kestrel royalty, saying a mini renaissance is likely to happen in coal companies coming to the London market.
Looking to other commodities, Ford says coal prices have risen in tandem with many other commodities helped along by the weaker dollar, a topic being discussed at the World Economic Forum in Davos.
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