Alberta to introduce ‘modern’ coal policy, including ban on new open-pit projects
The new policy will not affect those qualified as "advanced coal projects" such as the controversial Grassy Mountain mine.
BUCYRUS has increased net earnings 24% year-on-year in 2009 to $US313 million despite the global financial crisis, while the major OEM is expecting more weakness in the US coal industry, along with higher coking coal prices……more at International Longwall News
