Coal

Hauling coal at Teck's Greenhills project, in southeastern B. C. The diversified miner will likely have a difficult time paying down the US$9.8 billion in debt its acquisition of Fording Canadian Coal Trust left it with, especially if metals prices remain weak.

Teck Wrestles With US$10B Debt

Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…






NEMI and Aviva to merge (November 03, 2008)

Vancouver — NEMI Northern Energy & Mining (NNE. A-V, NNEMF-o),and Australian-listed Aviva (AVA-a) are merging to create a growth-oriented international coal and energy group.






Waratah rejects bid by Aussie company

Waratah Coal (WCI-V, WRTHF-o) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal project in eastern Australia and has advised shareholders to reject the $1.41-…



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