Xstrata snaps up First Coal
Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.
Coal
Editorial: Bloomberg funds anti-coal bandwagon
New York City Mayor Michael Bloomberg raised the ire of America’s coal miners and coal-dependent utilities in late July, with his US$50-million donation to the Sierra Club’s “Beyond Coal” campaign.
Peabody Energy among those picked to develop Tavan Tolgoi
Shares of Peabody Energy (BTU-N) jumped US$1.30, or 2.2%, to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…
Xstrata snaps up First Coal for $147 million
Vancouver – Global coal giant Xstrata (XTA-L) has offered $147 million in cash for privately-held First Coal and its northeastern British Columbia coking coal assets.
Fortune, Posco to hook up
To advance its Mount Klappan anthracite coal project in northwest B.C., Fortune Minerals (FT-T) is partnering with South Korean steelmaker Posco.
Fortune Minerals, Posco to link up
To advance its Mount Klappan anthracite coal project in northwest British Columbia, Fortune Minerals (ft-t) is partnering with South Korean steelmaker Posco.
Peabody Energy among those picked to develop Tavan Tolgoi
Shares of Peabody Energy (BTU-N) jumped US$1.30 or 2.2% to US$60.69 following reports on July 5 that Mongolia had chosen it as part of a global energy consortium including China Shenhua Energy and a Russian-Mongolian group to develop its…
Letter to the editor: China Coal and Mei Feng
In the article “China Coal aims to become a mid-tier producer,” (T.N.M., May 30 – June 5/11), statements were made in respect of China Coal and its intended acquisition of the operating interest in the Mei Feng coal mine.
Commentary: ‘Old King Coal’ still reigns in the US
The following speech was recently given at the East Kentucky Leadership Conference, during a panel discussion called “Fate & Future of Coal & Alternative Energy Sources.”
Editorial: Aussie windfall taxes 2.0
Yes, they’re back. And probably here to stay this time. Rebounding from the June 2010 defeat of its proposed 40% “Resource Super Profits Tax” (RSPT) on miners, Australia’s centre-left government has spent the past year developing a more…
Commentary: ‘Old King Coal’ still reigns in the US
The following speech was recently given at the East Kentucky Leadership Conference during a panel discussion called, “Fate & Future of Coal and Alternative Energy Sources.”
Cline slumps on production delays, dilutive financing
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…