Allegations of fraud and untrustworthy financial statements that have led to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscore just how risky doing business in China can be.
The recent pullback in base metals is a “good entry point for investors” analysts at Macquarie Capital Markets report in a May 17 research note to clients.
Vancouver – 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 the company’s recently reopened New Elk coal mine in Colorado were…
Vancouver – The British Columbia mining industry saw more signs of recovery in 2010, but it was the new mines coming online that have prompted talk of a mining renaissance in the industry. Such were some of the findings of…
Despite being nearly two months behind schedule, shareholders of Corsa Coal (CSO-V) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully functioning by the…
Feng Lishe was born in Xinjiang — a province in remote northwestern China where per capita GDP typically averages about US$2,000 a year in the cities and about half that in the countryside.
Allegations of fraud and untrustworthy financial statements that have lead to a class-action lawsuit against former stock market darling Puda Coal (PUDA-X) underscores just how risky doing business in China can be.
Vancouver – Teck Resources (TCK.B-T, TCK-N) has more than doubled first quarterly adjusted earnings compared with last year on strong copper and coal prices.
Vancouver – Despite being nearly two months behind schedule, shareholders of Corsa Capital (cso-v) reacted positively to news that the company’s Wilson Creek metallurgical coal processing plant in Pennsylvania will be commissioned and fully…
British Columbia and Alberta coal producers have accused a federal Crown corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River basin coal from the…
Vancouver – British Columbia and Alberta coal producers have accused a federal Crown Corporation of “putting American jobs ahead of Canadian jobs” after St. Louis-based Arch Coal (ACI-N) announced a five-year deal to ship Powder River Basin…
As if anyone needed more confirmation that coal has come back in a big way, the fourth week of January served up the biggest merger in U.S. coal mining history.
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