Vancouver – Two weeks of intense negotiations and due diligence between Western Coal (WTN-T) and Walter Energy (WLT-N) has produced a formal $3.3 billion agreement to merge the two companies and create a leading metallurgical coal producer.
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…
Vancouver – A potential merger between Vancouver-based Western Coal (WTN-T) and Walter Energy (WLT-N), a Florida-based coal producer, lifted Western Coal’s share price to new highs even though the deal is far from certain.
While there were no earth-shaking events in the mining world for the first week of June, the industry continues to perk along, with plenty of M&A activity and ambitious exploration and mine develo…
Vancouver – Western Coal (WTN-T) has reopened the Willow Creek coal mine with significantly better reserves as…
Vancouver – An effort to reduce cash costs during the recession is paying off for Western Coal (WTN-T), as low…
Western Canadian Coal (WTN-T, WTN-L) has negotiated “sufficient” sales contracts and prices for the fiscal year end…
VANCOUVER — Another miner is cutting back on production in the face of falling prices, this time a coal producer. Western Canadian Coal (WTN-T, WXJXF-O) is almost halving output at its Brule mine and…
Western Canadian Coal (WTN-T, WTN-L) and Cambrian Mining (CBM-L) have reached an agreement in principal that would …
Close on the heels of completing a $40-million private placement of convertible debentures late last year, Western Canadian Coal (WTN-T, WTN-L) says it is set to acquire Cambrian Mining’s (CGIIF-O, CB…
Close on the heels of completing a $40 million private placement of convertible debentures late last year, Western …
NEMI Northern Energy & Mining (NNE.A-T, NNEMF-O) is in a relatively strong financial position with working capital of $9.7 million and no long-term debt, according to recent financial statements, …