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.
The proposed combination of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced over the weekend will bring synergies of $150 million annually by 2012 and create a top-three global metallurgical coal producer.
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In an analysis of the disruption of coal exports from Queensland, research and consulting firm Wood Mackenzie estimates that more than half of Australia’s coal exports are likely to be affected and the impact will be felt strongly in the global…
Vancouver – The final technical session at the Mineral Exploration Roundup in Vancouver took a look at the potential of thermal coal, uranium, vanadium, molybdenum, copper, and of course, gold.
Vancouver – Fortune Minerals (ft-t) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.In British Columbia, the company’s Mount Klappan anthracite coal project now has a clearer path forward…
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