Cleveland-Cliffs to merge with Alpha Natural Resources
After Cleveland-Cliffs (CLF-N) and Alpha Natural Resources (ANR-N) wrap up their merger, the new entity will own ni…
Coal
Mmamabula power plant hits major hiccup for CIC Energy (July 21, 2008)
VANCOUVER — Plans to develop a new coal mine and coal-fired power station in Botswana to add muchneeded capacity to South Africa’s power grid have been derailed and shares of CIC Energy (ELC-T, CIEGF…
Iron ore market to stay firm in 2009: forecasts
The Iron Ore Trust Fund of Geneva-based UNCTAD (United Nations Conference on Trade and Development) has published i…
Editorial: More confusion for miners in Venezuela
The psychodrama that is Venezuela welled up again onto the world stage during the week ended June 28, the last trading week of the first half of 2008.
Red-hot coal market will moderate: analysts
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgical coal (coking coal), used in steel manufacturing, and thermal coal, used to produc…
Mmamabula power plant hits major hiccup for CIC Energy (June 27, 2008)
Vancouver – Plans to develop a new coal mine and coal-fired power station in Botswana to add much-needed capacity t…
Next M&A deal could be an Anglo American takeover by either Vale or Xstrata, Citigroup says
Just months after Vale (RIO-N) declared that the deal to buy Swiss-based rival Xstrata (XTA-L, XSRAF-O) was dead,…
Oil money now flowing to mining
The government of Ras Al Khaimah, a part of the United Arab Emirates (UAE), has set up what may become the first Mi…
East Energy Corp acquires Alberta coal property
East Energy Corp (EEC-V) is acquiring 100% of the Hinton coal property in the foothills of central Alberta, about 3…
Coal market is red hot, but prices will moderate eventually
Coal has been a stellar performer lately, with prices advancing in recent contract negotiations for both metallurgi…
Cash Minerals considers coal project revival (June 16, 2008)
Now that coal’s back in style among investors, Cash Minerals (CHX-V, CHXMF-O) has decided to dust off a two-year-old feasibility study for its Division Mountain coal property in the Yukon.
Japan makes plans for energy, resources
Japan is highly sensitive to energy and resource markets because of its situation as a resource-poor nation, almost totally dependent on imported commodities. In view of the increased demand for commo…