Forbes and Manhattan Coal (FMC-T) currently exports about 35% of the coal it produces at its two mines in South Africa but plans to raise that percentage to about 80% by 2013 on the back of a new agreement with Transnet Freight Rail and…
Shares of SouthGobi Resources (SGQ-T, 1878-SEHK) leapt $1.82 or 15.04% to $13.92 apiece by early afternoon in Toronto on news the company had signed a five-year strategic alliance to sell at least two million tonnes of coal a year to Winsway…
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.
Tragedy has descended on the normally idyllic West Coast region of New Zealand’s South Island, where an underground explosion has killed 29 miners at the Pike River coking coal mine, located halfway between Greymouth and Reefton. The first of…
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
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.
The first super-cycle took place during the second half of the nineteenth century from 1870-1913 and the second followed the Second World War until the early 1970s. Now the third super-cycle is upon us, Standard Chartered Bank outlines in…
SouthGobi Resources (SGQ-T, 1878-SEHK) hopes to replicate its own success story through a strategic investment…
Vancouver – After months of government delays, Prophecy Resource (PCY-V, PRPCF-O) has finally been given …
Prophecy Resource (PCY-T, PRPCF-O, 1P2-F) has recently upgraded the inferred resources at its Chandgana Khavtg…
Vancouver – After flirting with bankruptcy during the global recession, Teck Resources (TCB.B-T, TCK-N) has re…
Gene Wusaty — one of the key forces behind the success story of SouthGobi Energy’ s (SGQ-V, SGQRF-O) Ovoot To…
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