Canadian Mining Journal


Coal


  • 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;…

  • News

    ZINC-COAL: Outlook good for Teck despite revenue drop

    February 12, 2015 by Canadian Mining Journal Editor

    VANCOUVER – Teck Resources reported that gross profit before depreciation and amortization in 2014 was $2.9 billion compared with $3.7 billion in the previous year. But the company was able to close the year with a cash balance of $2.0…

  • News

    Contrarian Anglo Pacific Group picks up coal royalty

    February 10, 2015 by Canadian Mining Journal Editor

    Anglo Pacific Group (TSX: APY; LSE: APF) is paying US$60 million in cash and US$5 million in shares for a royalty on Whitehaven Coal’s (ASX: WHC) Narrabri thermal coal mine in Australia at a time when the price of thermal coal…

  • News

    COAL: New resource estimate for Carbon Creek

    January 6, 2015 by Canadian Mining Journal Editor

    BRITISH COLOMBIA – Vancouver’s Cardero Resource Corp. has released an updated 43-101 report for the Carbon Creek Metallurgical coal project that puts Measured and indicated resources at 290 million tonnes and inferred resources at 161…

  • Feature

    Tough slugging for BC’s coal miners

    January 1, 2015 by David Godkin

    BC’s coal mining industry has always had more heroes than villains over its tumultuous 150-year history.

  • News

    Miners adapt to lower coal prices

    December 16, 2014 by Canadian Mining Journal Editor

    Thermal coal prices recently touched a five-and-a-half year low of US$62.25 per tonne and the market has seen several mining companies announce plans to sell coal assets or take on partners to weather the downturn.