Concerns of weakening US and Chinese growth and European instability have led to a drop in coal company share prices However, coal production levels and expansion investments remain robust on the back of continued emerging market growth.
Continue reading "Coal Mining Production Growing Despite Volatility"
Thursday, October 20, 2011
German Chancellor Angela Merkel signed a resource trade deal in Mongolia last week in an attempt to smooth Mongolian mining political tensions while also seeking to secure Germany's energy future.
Continue reading "Germany Looks to Mongolia to Secure Energy Future"
Friday, June 3, 2011
SouthGobi Resources Ltd ( CVE:SGQ) announced that the Mineral Resource Authority of Mongolia (MRAM) has officially registered the company's Soumber coal deposit.
Friday, February 11, 2011
Western Coal Corp. (TSE:WTN) (AIM:WTN) announced that its net income for the fiscal third quarter ended December 31, 2010 was $20.4 million, or $0.07 per share, basic. Revenue for the period was $170.5 million.
Continue reading "Western Coal Announces Fiscal Q3-2011 Results"
Thursday, February 10, 2011
Shares of Brazilian energy company MPX (SAO:MPXE3) posted their biggest daily gain in over two years Wednesday.
Continue reading "Brazil MPX Shares Rise on Colombian Coal Spin-Off"
Wednesday, February 9, 2011
Reuters Canada has reported that quarterly profits for Teck Resources Ltd. (TSE:TCK.B) (NYSE:TCK) jumped 76% as a result of increasing demand for coal and copper resources.
Continue reading "Rising Commodity Prices Boost Teck Profit"
Tuesday, February 8, 2011
L&L Energy Inc. (NASDAQ:LLEN) now has the right to market super compliant coal from Colorado’s Bowie Mine for exports to several Asian countries. The article states that: The company expects approximately 500,000 tons of high quality coal to be made available in 2011, and at least 500,000 tons to be available in 2012. To read [...]
Continue reading "L&L Secures Super Compliant Coal for Export to China"
Monday, February 7, 2011
Puda Coal (AMEX:PUDA) is planning several mine acquisitions and consolidations in China. The article is quoted as saying: Shanxi Puda Coal Group Co. Inc. (“Shanxi Coal”), a 90% subsidiary of the Company, is approved by the government to acquire nine thermal coal mines in Pinglu County and consolidate them into five mines. To access the [...]
Continue reading "Puda Coal Updates Coal Mine Projects"
Thursday, October 7, 2010
Sherritt International Corporation (TSE:S) reported that it is scheduled to release its third quarter 2010 earnings results on Wednesday October 27, 2010, before markets open. The release will be followed by an analyst conference call at 2:00 p.m (Eastern Time).
Continue reading "Sherritt to Release Third Quarter 2010 Financial Results"
Wednesday, October 6, 2010
Southern Arc Minerals Inc. (CVE:SA) announced that, subject to TSX Venture Exchange acceptance, it has entered into an option and joint venture agreement with Vale S.A. , through its wholly-owned subsidiary Vale International S.A., regarding its East Elang and Sabalong properties.
Continue reading "Southern Arc and Vale Enter Into Option/Joint Venture Agreement"
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Thursday, November 3, 2011