Waratah rejects bid by Aussie company
Waratah Coal (WCI-V, WRTHF-o) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal project in eastern Australia and has advised shareholders to reject the $1.41-…
Coal
Waratah rejects takeover bid by private Australian company
Waratah Coal (WCI-V) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal pr…
SouthGobi finds more coal near Ovoot Tolgoi (October 20, 2008)
Field reconnaissance and trench work in Mongolia have paid off for SouthGobi Energy Resources (SGQ-V, SGQRF-o), which has found yet more coal just 10 km southeast of its producing Ovoot Tolgoi coal mi…
Can China help bail out the global economy? (October 20, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help buffet the rest of the world from the economic meltdown, you might want to think aga…
Citigroup cuts commodity forecasts for 2009-10
Citi Investment Research has lowered some of its commodity price forecasts due to the U. S. financial crisis, slowing growth in China and disinflationary developments.
Can China help bail out the global economy? (October 10, 2008)
If you think China’s super-hot economy and the astounding growth rates it has posted over the last decade will help…
SouthGobi finds more coal near Ovoot Tolgoi (October 08, 2008)
Field reconnaissance and trench work in Mongolia have paid off for SouthGobi Energy Resources (SGX-V), which has fo…
CIC Energy buys back shares, advances Mmamabula
CIC Energy (ELC-T, CIEGF-o) is planning to buy back up to 5% or 2.7 million of its outstanding shares on the open market in a bid to boost its stock, which the company says is undervalued.
Editorial: Suppliers booming, juniors hunker down
While continued anxiety over the U. S. banking crisis dominated the headlines around the world during the week ended Sept. 27, the 39th trading week of 2008, there were still plenty of new development…
Editorial: Dems go off the deep end on coal
In the U.S., the coal industry has gotten some heat of late from high-profile Democrats who have fallen sway to the…
Robert Friedland talks coal at Denver Gold Conference
SouthGobi Energy Resources (SGQ-V) reported today that it has shipped its first thermal coal to China from its mass…
Waratah’s coal project nixed in Queensland (September 22, 2008)
An environmental ruling against Waratah Coal’s (WCI-V, WGO-A) multibillion-dollar proposal for a major coal port development on the east coast of Australia has crushed the stock. On the news, Waratah …