Archive for March, 2010

Sherritt Announces Availability of Disclosure Documents

Sherritt International Corporation (TSX:S) reported that the company has filed its Annual Information Form for the year ended December 31, 2009, which includes the disclosure and reports relating to reserves data and other oil and gas information required pursuant to National Instrument 51-101 of the Canadian Securities Administrators.

Macarthur coal resumes Australia coal shipments

Macarthur Coal Ltd (MCC.AX), the world’s largest producer of pulverized injection coal (PCI) for steelmaking, is reported to have resumed its coal shipments following the resumption of rail and port services at Dalrymple Bay Coal Terminal.

Essar Oil to seek approval to raise $1.7bln

On Thursday, it was reported India’s Essar Oil (ESRO.BO) would seek shareholders’ approval next month to raise up to $1.7 billion to finance its expansion plans, while its unlisted parent said it had agreed to buy coal mines in Indonesia.

North American Gem’s Update

North American Gem Inc. (NAG) (TSX VENTURE:NAG)reported that the company is nearing full production at North American Gem #1 Mine with shipments of coal being sent to market daily.

Brookfield Reports Progress on DBCT Regulatory Proceeding

Brookfield Infrastructure Partners L.P. (NYSE: BIP) (TSX: BIP.UN) announced progress in its regulatory proceeding for the Dalrymple Bay Coal Terminal in Australia with the Queensland Competition Authority (QCA), the regulatory agency responsible for overseeing DBCT.

Teck Releases Annual Disclosure Documents

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) reported that the company has filed its audited annual financial statements, management’s discussion and analysis, and annual information form in respect of the year ended December 31, 2009.