Fortune Minerals updates Mt. Klappan feasibility study
Vancouver A lot has changed in the two and a half years since Fortune Minerals’ (FT-T) last feasibility study for…
Coal
Goldsource still in coal, share price slides
Vancouver Goldsource Mines (GXS-V) is back into thick coal intercepts at its Border property near Hudson Bay, Sas…
Citigroup hikes short-term coking coal price targets
Citing continued tight supply, Citigroup has raised its targets for metallurgical or hard coking coal for the next few years. A research report by analyst Alan Heap forecasts that prices will rise in …
Teck to buy Fording for US$14.1B
In a move that will give it added exposure to rising metallurgical coal prices, Teck Cominco (TCK. B-T, TCK-N) has made a friendly US$14.1- billion bid for Fording Canadian Coal Trust (FDG. UN-T, FDG-…
SouthGobi Energy’s coal resource up sharply
Shares of SouthGobi Energy Resources (SGQ-V) were up $1.90 apiece today on news that the Vancouver-based company’s …
Teck to buy Fording for US$14.1 billion
Teck Cominco (TCK.A-T, TCK.B-T, TCK-N) will benefit from more than rising metallurgical coal prices in its US$14.1-…
Peabody expanding presence in Australia
Peabody Energy (BTU-N) is taking all of the Millennium coal mine in Australia.The coal producer says it has alr…
Cleveland-Cliffs bids for coal miner Alpha Natural
If the takeover by Cleveland- Cliffs (CLF-N) of Alpha Natural Resources (ANR-N) goes ahead, the new entity will own nine iron-ore facilities and more than 60 coal mines across North America, South Ame…
UAE pours oil money into mining
In an effort to shield itself from escalating costs of infrastructure-related materials, the government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the firs…
Waratah Coal takes Queensland by storm
It’s a coal exploration company that many investors in Toronto may not have heard of, but Waratah Coal (WCI-V) is m…
Goldsource finally falls
Vancouver – After gaining 6,000% in two months, Goldsource Mines (GXS-V) just got its first reality check. The comp…
Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…