Peabody Excel-erates its coal business
St. Louis, Mo.-based coal producer Peabody Energy (BTU-N) has agreed to a cash deal to take over Australian coal producer Excel Coal (EXOAF-O, EXL-A) for about US$1.5 billion….
Coal
Tumbler Ridge coal properties consolidated
A deal between Anglo American (AAUK-Q, AAL-L, AGL-J) subsidiary Anglo Coal Canada, Hillsborough Resources (HLB-T) a…
Peabody buying Excel Coal
St. Louis-based coal producer Peabody Energy (BTU-N) has agreed to a cash deal to take over Australian coal produce…
Xstrata Coal extends reach to Americas
The Donkin coal resource in Nova Scotia could serve as an anchor for other potential projects in the Americas as Xstrata Coal aims to expand beyond its traditional base in Australia and South Africa….
Compliance Energy eyes ‘dual-fuel’ power plant
Develop metallurgical coal mines, get a “dual-fuel” power plant up and running, and continue to operate a thermal coal mine: it sounds like a big to-do list for a junior company. But Compliance Energy…
Western Canadian Coal and NEMI on growth-by-merger track
Vancouver — Driven by Asia’s booming economies, the international coal trade has expanded faster in the past decade than any other commodity. Western Canadian Coal (WTN-T, WXJXF-O, WTN-L) and NEMI No…
Agnico-Eagle goes international through Finland
It is over an ocean and 6,000 km northeast of LaRonde, Quebec, but with pine-forest covered hills and a pro-mining …
Compliance looks to energize coal
Develop metallurgical coal mines, get a “dual-fuel” power plant up and running, and continue to operate a thermal c…
Riotous strike in Zambia shuts down coal production
Zambia’s largest coal mine was shut down as striking miners turned riotous on Wednesday.African news agencies rep…
Ivanhoe swaps coal assets for bigger stake in Asia Gold
Vancouver – In a related party transaction, Ivanhoe Mines (IVN-T, IVN-N) has agreed to vend its coal division into…
Western Canadian Coal gets cozy with NEMI
If the proposed merger between Western Canadian Coal (WTN-T, WTN-L) and NEMI Northern Energy & Mining (NNE.A-T, NNEMF-O) goes through as planned, the combined company will parlay northeastern Brit…
Coal sales soften for Elk Valley
Vancouver — Prices and demand for coal have softened in recent months, putting a damper on the projected financial performance of Fording Canadian Coal Trust (FDG.UN-T, FDG-N)….