Teck cuts jobs and coal production
Vancouver – Another day, another announcement of job and production cuts: Teck Cominco (TCK.B-T, TCK-N) is let…
Coal
Dip in dollar good for Fortune
The drop in the Canadian dollar against the US dollar is good news for Fortune Minerals’ (FT-T) Lost Fox deposit at…
Western Canadian cuts coal production
Vancouver – Another miner is cutting back production levels in the face of falling prices, this time a coal produ…
SouthGobi sells metal properties to Ivanhoe
Vancouver – For $3 million Ivanhoe Mines (IVN-T, IVN-N) is buying all the metal assets of its 79% owned spin-off So…
Demand for thermal coal to slide in 2009
The New Year will bring the lowest growth in demand for thermal coal imports (0.5%) on the international market in …
Metallurgical coal outlook for 2009
Demand for metallurgical coal next year will be 7% lower than in 2008, as global steel production continues to drop…
Western Canadian Coal and Cambrian discuss merger
Western Canadian Coal (WTN-T, WTN-L) and Cambrian Mining (CBM-L) have reached an agreement in principal that would …
KAL Energy boosts its coal resource in Indonesia
Thermal coal explorer and developer KAL Energy (KALG-O) has expanded its resource at one of two concessions it hold…
Teck Takes Hard Line On Fording Debt
Vancouver–The harsh reality of Teck’s (TCK. B-T, TCK-n) debt burden has just become abundantly clear: the major has cancelled its annual dividend, slashed spending dramatically, and walked away from …
Teck Wrestles With US$10B Debt
Vancouver — For the last few years, Teck (TCK. B-T, TCK-n) has been a reliable, dividend-paying investment option, a major mining company regularly recording substantial profits by cashing in on stro…
Teck’s dilemma: How to pay off a $10-billion debt while metal prices fall all around
Vancouver – For the last few years Teck Cominco (TCK.B-T, TCK-N) has been a reliable, dividend-paying investment op…
Coal at Division Mountain looks economic for Cash Minerals
An updated study demonstrates that its Division Mountain coal property in the Yukon is economically viable for Cash…