SouthGobi cuts coal resource at Ovoot Tolgoi after mistake discovered
Vancouver – Mathematical errors have led to a major overstatement of a resource estimate at SouthGobi Energy Resour…
Vancouver – Mathematical errors have led to a major overstatement of a resource estimate at SouthGobi Energy Resour…
Rio Tinto’s (RTP-N, RIO-L) recent US$19-billion cash infusion from Chinese state-owned Aluminum Corp. of China (ACH-N) (Chinalco) hasn’t slowed the pace of the debt-laden major’s asset sales.
VANCOUVER — A steady stream of coal intercepts is helping Goldsource Mines’ (GXS-V, GXSFF-O) share price regain some ground, though it remains far below the dizzying heights it reached last summer.
It looks like Rio Tinto’s (RTP-N, RIO-L) recent US$19-billion cash infusion from Chinese state-owned Aluminum Corp….
Vancouver – A steady stream of coal intercepts is helping Goldsource Mines’ (GXS-V) share price re-gain some grou…
Anglo American( AAUK-Q, AAL-L) plans to axe 19,000 jobs or about 10% of its global workforce this year due to trimmed-back production plans and rescheduled projects.
VANCOUVER — Fines for safety violations at American mines soared to an all-time high in 2008. Over the past three years, since former president George W. Bush signed a new mining code into law, the v…
VANCOUVER — Another miner is cutting back on production in the face of falling prices, this time a coal producer. Western Canadian Coal (WTN-T, WXJXF-O) is almost halving output at its Brule mine and…
This year will bring the lowest growth in demand for thermal coal imports (0.5%) on the international market in nearly two decades, Credit Suisse says.
The drop in the Canadian dollar is good news for Fortune Minerals’ (FT-T, FTMDF-O) Lost Fox deposit at its Mount Klappan anthracite coal project, located 330 km northeast of Prince Rupert, B. C.
VANCOUVER– Another day, another announcement of job and production cuts: Teck (TCK. B-T, TCK-N) is letting go of 1,400 workers and reducing its 2009 coal production target to 20 million tonnes.
Vancouver – Another day, another announcement of job and production cuts: Teck Cominco (TCK.B-T, TCK-N) is let…
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