Platinum volatile as South African power crisis continues
Vancouver – Broken generators and cold, wet weather are once again threatening operations at South African mines an…
Coal
Credit Suisse ups its thermal coal price forecasts
Credit Suisse has revised its thermal coal price forecast for the fifth time since 2006.In a March 4 research r…
Tsagaan Tolgoi coal resource buoys SouthGobi Energy (March 03, 2008)
The Tsagaan Tolgoi coal project has measured plus indicated coal resources of 36.4 million tonnes and an additional inferred coal resource of about 9 million tonnes, South- Gobi Energy Resources (SGQ-…
Western Canadian Coal plans to acquire Falls Mountain Coal
Close on the heels of completing a $40 million private placement of convertible debentures late last year, Western …
Tsagaan Tolgoi coal resource buoys SouthGobi Energy (February 25, 2008)
The Tsagaan Tolgoi coal project has measured plus indicated coal resources of 36.4 million tonnes and an additional…
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 …
Is coal the new gold? (February 08, 2008)
UBS and Citigroup have raised their price forecasts for thermal and coking coal for the coming two years and it’s n…
South African power crisis shuts down mines (February 04, 2008)
Vancouver — A nationwide energy crunch in South Africa has hit the country’s powerful mining sector hard, with major gold, platinum and diamond producers suspending operations as a precautionary meas…
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, …
Northern Energy & Mining will reduce stake in Peace River Coal
NEMI Northern Energy & Mining (NNEa-T) is in a relatively strong financial position with working capital of C$9.7 m…