Grande Cache rises as deal closer to completion
Investment Canada doesn’t believe the haters, as the Feds have given the nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).
Coal
Glencore, Xstrata in merger talks
Commodities trader Glencore (glen-l) is looking to combine with Xstrata (xta-l) in a possible all-share merger of equals, which will see the combined entity dominate the global markets for thermal coal, zinc, lead and ferrochrome, and become a…
Prophecy Coal sets out financials for Mongolian power project
Prophecy Coal (PCY-T) has outlined the feasibility of its plan to unlock value from its Chandgana coal deposit in northern Mongolia by building a 600-megawatt thermal power plant.
Allegations against Winsway hurt Grande Cache Coal
Allegations of possible securities fraud against Winsway Coking Coal by an unknown research firm called Jonestown Research may spell trouble for Grande Cache Coal (GCE-T).
BHP boosts copper resources at Spence by 700%
Resources at BHP Billiton’s (BHP-N, BLT-L) Spence copper mine in northern Chile has grown by nearly 700%, following a four-year US$30-million brownfield exploration program.
Prophecy Coal sets out financials for Mongolian power project
Vancouver – Prophecy Coal (PCY-T) has outlined the feasibility of its plan to unlock value from its Chandgana coal deposit by building a 600 megawatt thermal power plant.
Cline ramps up production at New Elk
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year, as part of its initial 20-year mine plan.
Coalspur quietly advances Vista
Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…
Cline starts commercial production at New Elk
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year as part of its initial 20-year mine plan.
Xstrata to expand Canadian footprint through organic growth
London, U.K. – After a decade of expansion through M&A, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.
Coalspur makes headway at Vista
Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…
Cardero’s share of Carbon Creek at $752M NPV
Vancouver – Cardero Resource (CDU-T) has released a preliminary economic assessment on its 75%-owned Carbon Creek metallurgical coal project in Northeast British Columbia only months after securing majority ownership of the project.