Weakest met coal price in six years forces Walter to shutter mines

Source: Daily News | 2014-04-18
VANCOUVER – In 2011 the metallurgical coal market was hot. Chinese demand seemed insatiable and floods had disrupted Australian supplies, pushing prices as high as US$300 a tonne.

Commentary: Coal down but not out 

Source: Print Archives | 2014-04-02
The following is an edited excerpt of a speech about the global outlook for coal by Dean Dalla Valle, president of BHP Billiton Coal, at the CEDA Energy and Resources series in Brisbane, Australia, where BHP has consolidated its metallurgical...

Editorial: Korean trade deal helps Canadian coal, aluminum 

Source: Print Archives | 2014-03-12
The Canadian government presented another gift to Canada’s mining industry with the signing of a new free-trade agreement with mineral-hungry South Korea.

Regulator approves Coalspur's Vista 

Source: Print Archives | 2014-03-05
VANCOUVER — It looks like financing will be the last hurdle for Coalspur Mines (TSX: CPT, US-OTC: CSPZF) at its Vista thermal coal project, 10 km east of the town of Hinton, Alta. On Feb. 27 the Alberta Energy Regulator (AER) approved...

Low commodity prices bite into Teck's bottom line  

Source: Print Archives | 2014-02-26
Teck Resources (TSX: TCK.B; NYSE: TCK) saw its adjusted fourth-quarter and full-year profit both fall 44.5%, as lower commodity prices overshadowed strong production.

Cliffs puts the brakes on spending, swings to Q4 profit 

Source: Print Archives | 2014-02-19
On his second day on the job at Cliffs Natural Resources (NYSE: CLF) three months ago, newly appointed president and chief operating officer Gary Halverson shelved the company’s $3.3-billion plan to build a chromite mine in the Ring of...

Casablanca urges Cliffs to spin off international assets 

Source: Print Archives | 2014-02-12
Shares in Cleveland-based Cliffs Natural Resources (NYSE: CLF) have been trading heavily since activist hedge-fund Casablanca Capital urged the company to spin off its international assets and implement other changes to boost...

Coal is still king in China 

Source: Print Archives | 2014-01-29
VANCOUVER — Shaanxi Coal Industry is preparing for its initial public offering (IPO) and expects to raise $1.6 billion by selling shares representing just 10% of the company. It’s a good reminder that coal is still big business in...

Sherritt sells all its coal mines to Westmoreland, Altius  

Source: Print Archives | 2014-01-08
Sherritt International (TSX: S) is firming up its balance sheet and putting itself in a position to take advantage of perceived low prices for non-coal mining assets.

Macquarie reviews 2013 metal prices

Source: Daily News | 2014-01-02
Analysts at Macquarie Commodities Research in London and Beijing have totted-up the final numbers for 2013 and conclude in a research note published Jan. 2 that of all the precious and base metals, palladium posted the largest year-on-year...