Coal

Norman B. Keevil: A lifetime of achievement at Teck

Source: Daily News | 2015-05-19
In 1979 The Northern Miner named Norman B. Keevil its Mining Man of the Year, citing the impressive string of mine constructions he presided over in the 1970s. Since winning that award Dr. Keevil went on to ensure Teck was part of some of the...

Editorial: BC gov't solves Arctos conundrum 

Source: Print Archives | 2015-05-06
One of the more contentious showdowns in B.C. in recent years between a First Nation and a mine developer has been neatly diffused by the B.C. government, which has swept in with $18.3 million to buy Fortune Minerals’ Arctos high-quality...

Teck posts lower Q1 earnings, slashes dividend  

Source: Print Archives | 2015-04-22
Teck Resources (TSX: TCK.B; NYSE:TCK) cut its semiannual dividend and posted lower-than-expected first-quarter earnings, as the slump in commodity prices continued.

Wall Street marches higher, April 6-10 

Source: Print Archives | 2015-04-15
U.S. stocks rose for a second straight week. The Dow Jones Industrial Average advanced 294.41 points to 18,057.65 and the S&P 500 Index gained 35.1 points to finish at 2,102.06. Both indexes were up 1.7%. The Nasdaq Composite rose 2.2% to...

SouthGobi Resources loses appeal in Mongolian tax case  

Source: Print Archives | 2015-04-01
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but...

PDAC 2015: Mines Minister says Colombia is picking up the pace  

Source: Print Archives | 2015-03-25
Colombia’s mining sector makes up 3% of the country’s gross domestic product. It is the world’s fourth-largest coal producer at 90 million tonnes per year, the tenth-largest nickel producer, and it is rich in copper, precious...

Coal sector woes expected to accelerate, experts say 

Source: Print Archives | 2015-03-25
With coal prices sitting at multi-year lows, almost 17% of coal production this year in the U.S. could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood Mackenzie says...

U.S. indexes down third week in a row, March 9-13 

Source: Print Archives | 2015-03-18
U.S. stocks posted losses for the third straight week, with the Dow Jones Industrial Average finishing 0.6% lower at 17,749.31 and the S&P 500 Index closing at 2,053.40, a 0.9% drop. Disappointing economic data from China, a stronger U.S....

Buyer emerges for Coalspur Mines 

Source: Print Archives | 2015-03-04
When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.

PDAC 2015: The 'first green shoots have emerged' 

Source: Print Archives | 2015-03-04
With metal markets being the number-one indicator for the health of the global mineral exploration industry, a great way to kick off the technical program of the Prospectors & Developers Association of Canada convention in Toronto is to...

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