Vancouver — Switzerland-based mining giant Xstrata PLC (XTA-L) has agreed to buy the Sukunka coking coal deposit in the Peace River region of northern British Columbia from Calgary-based Talisman Energy (TLM-T, TLM-N), in a cash-only deal…
Vancouver — The S&P/TSX Composite Index closed down 81.95 points at 12,643.82 points in a period that saw gold plunge over US$96 per oz. at one point before ending at US$1,712.40 per oz. The price of gold dropped from US$1,788 per…
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year, as part of its initial 20-year mine plan.
Cline Mining (CMK-T) is swinging its New Elk metallurgical coal mine in southern Colorado into full commercial production at a rate of 3 million tons a year as part of its initial 20-year mine plan.
Xstrata’s (XTA-L) subsidiary Xstrata Coal has struck a deal to buy Cline Mining’s (CMK-T) wholly owned Lossan coal deposit in B.C.’s Peace River coalfield for $40 million in cash.
Concerns over the European debt crisis continued to keep North American markets from a healthy recovery as the TSX Composite Index could only claw out a meager 72 points gain over the Oct.3-7 period at 11,588.36 points. The small upward swing…
Xstrata’s (XTA-L) subsidiary Xstrata Coal has struck a deal to buy Cline Mining’s (CMK-T) wholly owned Lossan coal deposit in B.C.’s Peace River coalfield for $40 million in cash.
Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at its recently reopened New Elk coal mine in Colorado were hit with more…
Vancouver – Investors disappointed with Cline Mining’s (CMK-T, CLNMF-Q) early morning announcement on May 16 that coal production in 2011 is going to be lower than expected at the company’s recently reopened New Elk coal mine in Colorado were…
The resource-heavy TSX closed out its first week of the New Year for a loss as commodity prices pulled back from record territory on generally positive U.S. economic news that sent gold into a tailspin. However, by the end of the week, stocks…
True to its word Cline Mining (CMK-T) is set to put the New Elk Coal Mine into full production before the year’s end. The company received a key approval of its mine plan from the United States Mine Safety and Health Administration (MSHA)…
With investor mood dampened by concerns over China’ s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock market closed the Nov. 15-19 week higher, led by the financial sector. The TSX Composite index rose…
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