Coal

Xstrata expands Canadian coal footprint

Swiss-based mining giant Xstrata (XTA-L) has struck a deal to buy the Sukunka coking coal deposit in northern B.C.’s Peace River region from Calgary-based Talisman Energy (TLM-T, TLM-N) for a cool US$500 million in cash.



Prophecy Platinum and Ursa Major to merge

Vancouver — Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.


Material passes through a screening machine at NovaDx's Rex coal mine in Campbell County, northeastern Tennessee. Photo by NovaDx Ventures

NovaDx looks to specialty coal

NovaDx Ventures (NDX-V), once a pharmaceutical shell turned merchant bank, has found itself on more solid footing as a specialty coal company.



NovaDx looks to specialty coal

Vancouver – NovaDx Ventures (NDX-V), once a pharmaceutical shell turned merchant bank, has now found itself on more solid footing as a specialty coal company.



Glencore, Xstrata in merger talks

Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…




BHP boosts copper resources at Spence by 700%

Resources at BHP Billiton’s (BHP-N, BLT-L) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year US$30-million brownfield exploration program.



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