Coal

Western Cdn Coal lines up $40M

Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.



SOUTHGOBI ENERGY RESOURCESNew railway links between Chinese border town Ceke and Jiayuguan in Gansu province, and Ceke to Linhe will make SouthGobi's coal more accessible to the vital Chinese market.

SouthGobi: It’s the coal, stupid

Ulaanbaatar, Mongolia — Ivanhoe Mines’ (IVN-T, IVN-N) massive Oyu Tolgoi copper-gold project in Mongolia may be hogging the headlines, but it’s the Ovoot Tolgoi coal field that really should be getti…



Gold isn’t all that glitters

While investors buzz about the possibility of gold breaking the US$1,000 per oz. plateau in the coming year, Patricia Mohr, vice-president of industry and commodity research at Scotiabank, says the ho…


Resource security high on China’s agenda

As the world’s largest consumer of mineral raw materials, it’s no surprise that China’s mining companies are following their international peers and starting to hunt for resources overseas.


Western Canadian Coal plummets on Q2 loss

Vancouver — Western Canadian Coal’s (WTN-T, WTN-L) 2008 second quarter was not a pretty one, with the northeastern B.C. coal producer posting a whopping net loss of $43.9 million or 38 per share.



All that glitters is not gold

While investors buzz about gold breaking the US$1,000 an oz. plateau in the coming year, Patricia Mohr, vice-presid…



RIO TINTOA truck is filled with iron ore at Rio Tinto's Hamersley Iron mine in Australia. If BHP Billiton's offer for Rio is accepted, the combined company would control 27% of the world's iron.

Ironing out possible mega merger

Spurned by the board of Rio Tinto (RTP-N, RIO-L, RIO-A) in a friendly approach, BHP Billiton (BHP-N, BLT-L, BHP-A) has made its proposal for a US$138-billion all-share bid public in an attempt to brin…



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