Pike River Coal Limited Announces Issue Of Securities
Pike River Coal Limited announced the issue of 456,450 ordinary shares at an issue price to be in between $1.18 to $1.89. For full story, click here
Articles Tagged "shares"
Wescoal to Issue New Ordinary Shares
Wescoal Holdings Ltd. announced that the Company has raised ZAR 80,500,000 in capital by the issue of 35,000,000 ordinary shares for cash at ZAR 2.30 per ordinary share. For full story, click here
Coal: Commodity Favoured By Investors
Coal is the best commodity to get into right now. The recent global economic downturn has led to a slump in coal demand and production cuts, however serious investors are not shying away from what they see as a most opportune time.
Wind farms are constructed at old U.K. coal mines
Shares of UK Coal PLC are flat today after an initial 10 percent gain yesterday on word the U.K. government plans to put wind farms in abandoned coal plants across the country. For full story, click here
Teck secures financing to buy Fording, but share prices fall
CBC Money reports Teck Cominco has secured close to $10 billion in financing needed to take over Fording Canadian Coal Trust however shares still fell. Teck shares sank $4.65, or 13.9 per cent, to $28.92 on the TSX, just shy of its 52-week low of $28. Teck shares were trading near $53 in May. Analysts said the [...]
