Western Coal Corp

Walter Energy seals $3.3bn deal for Western Coal

Vancouver – Two weeks of intense negotiations and due diligence between Western Coal (WTN-T) and Walter Energy (WLT-N) has produced a formal $3.3 billion agreement to merge the two companies and create a leading metallurgical coal producer.

Western Coal gets merger offer from Walter Energy

Vancouver – A potential merger between Vancouver-based Western Coal (WTN-T) and Walter Energy (WLT-N), a Florida-based coal producer, lifted Western Coal’s share price to new highs even though the deal is far from certain.

Cliffs gets coy in Ring of Fire

While there were no earth-shaking events in the mining world for the first week of June, the industry continues to perk along, with plenty of M&A activity and ambitious exploration and mine develo…

Western Canadian Cuts Coal Production

VANCOUVER — Another miner is cutting back on production in the face of falling prices, this time a coal producer. Western Canadian Coal (WTN-T, WXJXF-O) is almost halving output at its Brule mine and…

Western Canadian Coal to acquire Falls Mountain

Close on the heels of completing a $40-million private placement of convertible debentures late last year, Western Canadian Coal (WTN-T, WTN-L) says it is set to acquire Cambrian Mining’s (CGIIF-O, CB…

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, …

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