Xstrata pulls plug on investments in Australia
The backlash against Australia’s proposed Resource Super Profits Tax is starting to draw blood with Xstrata’s …
Coal
Prophecy Resource makes headway in Mongolia
Prophecy Resource’s (PCY-V, PCYRF-O) Ulaan Ovoo coal project in Mongolia is expected to be in production this …
SouthGobi looks to reverse slide
Realigning an open-pit mine and large losses have dampened the recent market enthusiasm for SouthGobi Resources (SGQ-T) and its Ovoot Tolgoi coal project in Mongolia.
SouthGobi tries to reverse recent market slide
Large losses and re-aligning an open pit mine have dampened the recent market enthusiasm for SouthGobi Resourc…
BC mining industry robust in 2009: report
Vancouver – The mining industry in British Columbia kept healthy last year despite a sharp drop in coal s…
Cline Mining raises cash for New Elk coal mine in Colorado
VANCOUVER — Cline Mining (CMK-T) has completed a $45- million financing on the heels of a preliminary assessment for its wholly-owned New Elk coal mine project in southern Colorado.
Canadian coal juniors gearing up in the U.S.
In the last two months five Canadian coal juniors have acquired coal properties in the United States or are ra…
Teck shows more signs of renewal (April 23, 2010)
In the latest sign of a strong recovery, Teck Resources (TCK.B-T, TCK-N) has reinstated an annual dividend aft…
Cline improves financing following preliminary assessment
Vancouver – Cline Mining (CMK-T) has completed a $45-million financing on the heels of a preliminary assessmen…
Goldsource likes the Border
It’s been a while since Goldsource Mines (GXS-V) enjoyed the title of market darling.The Vancouver-based com…
Peabody battle for Macarthur Coal turns ugly
Vancouver – First, Macarthur Coal (MCC-A) inked a friendly deal with to acquire Gloucester Coal (GCL-A), whi…
Editorial: Grim time for US coal miners
As we go to press, the worst mining disaster in the U.S. or Canada in more than two decades has just occurred at Massey Energy’s Upper Big Branch underground metallurgical coal mine in Montcoal, W. Va…