Canada’s oil industry to lose $10 billion this year
The Conference Board of Canada also expects the oil industry’s losing streak to last three years, from the last quarter of 2014 through to the second quarter of 2017.
Coal of Africa Limited shares of Coal of Africa were up 12% at 9:54 a.m. ET after the junior coal producer announced it struck a marketing deal to expand its exports of coking and thermal coal.
Australian Whitehaven Coal Ltd shares went downhill Monday after a fake press release allegedly from the coal miner's major lender, Australia and New Zealand Banking Group, claimed it had withdrawn from a $1.3 billion debt facility.