Coal

Is coal the new gold? (February 18, 2008)

UBS and Citigroup Global Markets have raised their price forecasts for thermal and coking coal for the coming two years and it’s not just because of the disruptive floods washing across Queensland in …




BC exploration breaks record in 2007

Vancouver — Exploration spending in British Columbia hit an alltime high of $416 million in 2007, more than doubling last year’s record-breaking level and showing a 1,300% increase over the $29 milli…


Coalcorp gets takeover proposal

Vancouver – An unnamed party is courting Coalcorp Mining (CCJ-T) — looking to acquire the new coal producer with o…


Northern Energy & Mining reports strong finances

NEMI Northern Energy & Mining (NNE.A-T, NNEMF-O) is in a relatively strong financial position with working capital of $9.7 million and no long-term debt, according to recent financial statements, …



Western Cdn Coal lines up $40M

Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.



SOUTHGOBI ENERGY RESOURCESNew railway links between Chinese border town Ceke and Jiayuguan in Gansu province, and Ceke to Linhe will make SouthGobi's coal more accessible to the vital Chinese market.

SouthGobi: It’s the coal, stupid

Ulaanbaatar, Mongolia — Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper-gold project in Mongolia may be hogging the headlines, but it’s the Ovoot Tolgoi coal field that really should be getti…



Gold isn’t all that glitters

While investors buzz about the possibility of gold breaking the US$1,000 per oz. plateau in the coming year, Patricia Mohr, vice-president of industry and commodity research at Scotiabank, says the ho…


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