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…
Coal
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…
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Iron ore market to stay firm in 2009: forecasts
The Iron Ore Trust Fund of Geneva-based UNCTAD (United Nations Conference on Trade and Development) has published i…
Editorial: More confusion for miners in Venezuela
The psychodrama that is Venezuela welled up again onto the world stage during the week ended June 28, the last trading week of the first half of 2008.
Red-hot coal market will moderate: analysts
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgical coal (coking coal), used in steel manufacturing, and thermal coal, used to produc…
Mmamabula power plant hits major hiccup for CIC Energy (June 27, 2008)
Vancouver – Plans to develop a new coal mine and coal-fired power station in Botswana to add much-needed capacity t…
Next M&A deal could be an Anglo American takeover by either Vale or Xstrata, Citigroup says
Just months after Vale (RIO-N) declared that the deal to buy Swiss-based rival Xstrata (XTA-L, XSRAF-O) was dead,…