Canadian Mining Journal


Coal


  • News

    BASE METALS & COAL: Teck tightens its belt

    November 18, 2015 by Canadian Mining Journal

    VANCOUVER – Teck Resources has announced the layoff of 1,000 employees from its global workforce as part of its plans to reduce spending by $650 million in 2016. The announcement brings the total workforce reduction to 2,000 positions over the

  • News

    COAL, COPPER, ZINC: Teck takes write offs, records quarterly loss

    October 22, 2015 by Canadian Mining Journal

    VANCOUVER – Third quarter results have not been kind to Teck Resources. The company took impairment charges totalling $2.2 billion after taxes. That amounts to $1.5 billion on metallurgical coal assets, $300 billion on copper, $19 million on zinc, and

  • News

    COAL: Low prices push Alpha Natural, Optimum over edge

    August 4, 2015 by Canadian Mining Journal Editor

    UNITED STATES and SOUTH AFRICA – Alpha Natural Resources, a large US coal producer with head offices in Virginia, has filed for Chapter 11 bankruptcy. The bad news is not confined to this continent, either. Glencore subsidiaries Optimum…

  • Feature

    Prospects and projects

    August 1, 2015 by Russell Noble

    For most companies working claims across Canada, the chances of moving from exploration into production are slim and more likely none, thanks to investors cocooning into a wait and see position.

  • News

    COAL: Temporary shutdowns for six Teck collieries

    May 28, 2015 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The failing coal market has forced Teck Resources of Vancouver to announce temporary shutdowns at its six Canadian steelmaking coal operations to adjust production and inventories. The Fording River, Greenhills, Line…

  • News

    COAL: Fortune sells Arctos licences to BC Rail

    May 5, 2015 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Fortune Minerals of London, ON, and partner POSCO Canada have sold their joint venture interest in the Arctos anthracite project to BC Rail for the sum of $18.3 million. The deposit is located in the Klappan area, 150…

  • Feature

    Donkin coal is newsworthy … again

    May 1, 2015 by D'Arcy Jenish

    Chris Cline is a publicity-shy billionaire who acquired his fortune operating coal mines in Appalachia and Illinois. He has, however, made headlines elsewhere recently in two very distant locales, and for two very different reasons; one in…

  • Feature

    Canadian exporters are not immune to global coal challengines

    May 1, 2015 by Joe Aldina

    The past several years have been very challenging for the global coal industry and Canadian coal exporters have not been immune. 

  • Feature

    Coal Association plays host to the world

    May 1, 2015 by Canadian Mining Journal Editor

    With the coal industry facing some significant challenges in Canada and around the globe, many are wondering what the future holds for the industry?

  • News

    COMMENT: Underground, wash plant fires underline need for increased safety vigilance

    April 7, 2015 by Canadian Mining Journal Editor

    Fires at Canadian mines are rare, even rarer is  the occurrence of two on the same day. Unexpected ignition happens, and the resulting fire can have a catastrophic outcome. Fortunately that wasn’t the case in either Manitoba or British…

  • News

    Coal sector woes expected to accelerate, experts say

    March 19, 2015 by Canadian Mining Journal Editor

    With coal prices sitting at multi-year lows, almost 17% of coal production this year in the United States could be at risk of idling or closure, as total cash costs plus sustaining capital expenditures exceed current market prices, Wood…

  • News

    Chinese firm to buy partial stake in SouthGobi from Turquoise Hill

    March 2, 2015 by Canadian Mining Journal Editor

    A privately held company in China called Novel Sunrise Investments will become the largest shareholder in SouthGobi Resources (TSX: SGQ; HK: 1878) after it acquires shares from Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ;…