Miners sidestep Olympic hurdles
Inadequate coal supplies for Chinese power plants means industrial customers are facing power rationing in order to ensure enough electricity for the Olympic Games.
Coal
Vedanta Resources in US$8.8 billion India expansion
Having received the go-ahead from India’s supreme court, Vedanta Resources (VED-L), an India-focused resource giant…
Grande Cache Coal falls on financial results
Grande Cache Coal (GCE-T) failed to meet its own production targets for the last quarter and as a result had to wat…
“Friedland envy” haunts Diggers & Dealers
Perth, Western Australia — Over the past five years, master entrepreneur Robert Friedland has created a guessing g…
SouthGobi Energy’s coal resource soars
Shares of SouthGobi Energy Resources (SGQ-V, SGQRF-O) vaulted $1.90 apiece on news that the company’s total measured and indicated surface resource of coal in southern Mongolia has grown by 73% to 258…
Editorial: Teck, Goldcorp, find there’s no place like home
With Canadian miners running into all sorts of problems overseas dealing with greedy and at times openly hostile governments, assets back home in the Great White North are looking better each year, ev…
Fortune Minerals updates Mt. Klappan feasibility study
Vancouver A lot has changed in the two and a half years since Fortune Minerals’ (FT-T) last feasibility study for…
Goldsource still in coal, share price slides
Vancouver Goldsource Mines (GXS-V) is back into thick coal intercepts at its Border property near Hudson Bay, Sas…
Citigroup hikes short-term coking coal price targets
Citing continued tight supply, Citigroup has raised its targets for metallurgical or hard coking coal for the next few years. A research report by analyst Alan Heap forecasts that prices will rise in …
Teck to buy Fording for US$14.1B
In a move that will give it added exposure to rising metallurgical coal prices, Teck Cominco (TCK. B-T, TCK-N) has made a friendly US$14.1- billion bid for Fording Canadian Coal Trust (FDG. UN-T, FDG-…
SouthGobi Energy’s coal resource up sharply
Shares of SouthGobi Energy Resources (SGQ-V) were up $1.90 apiece today on news that the Vancouver-based company’s …
Teck to buy Fording for US$14.1 billion
Teck Cominco (TCK.A-T, TCK.B-T, TCK-N) will benefit from more than rising metallurgical coal prices in its US$14.1-…