May 10, 2012

The commodity megatrend

Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late…

May 10, 2012

Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory

The oil and natural gas rich nation's stake in the coal giant is now 8% with a target of over 10%, providing crucial back for Glencore CEO Ivan Glasenberg to…

May 10, 2012

Has Arch Coal become the perfect stock?

Every investor would love to stumble upon the perfect stock. But will you ever really find a stock that provides everything you could possibly want? One thing's for sure: You'll…

May 10, 2012

CoAL completes acquisition of Rio Tinto and Kwezi’s South African coal assets

Coal of Africa Limited, a coal exploration, development and mining company operating in South Africa has completed the acquisition of Rio Tinto and Kwezi's South African Coal Assets.

May 10, 2012

Yanzhou Coal said in talks to buy Vale’s stake in mine

Yanzhou Coal Mining Co. (1171) is among companies in talks to buy Vale SA (VALE5)’s stake in an Australian coal mine for more than A$500 million ($503 million), said people…

May 9, 2012

Mongolia backtracks on state ownership of mining companies

Fearing a backlash by foreign investors in the mining sector – the foundation of the country's economy – Mongolian legislators on Tuesday watered down many of the provisions of draft…

May 9, 2012

PJM power capacity auction may be worth over $10 billion

Last week, FirstEnergy said PJM told the company to keep three old, coal-fired plants in Ohio capable of generating about 885 MW in service to maintain reliable supplies of electricity.…

May 9, 2012

Canadian Teck Resources shows renewed interest for the iron ore industry

Canadian miner giant Teck Resources Ltd. (NYSE:TCK, TSX:TCK.B) is interested in entering the iron ore industry and would seek to acquire a producing asset rather than develop a mining project,…

May 9, 2012

Collapse in Canadian mining deals in midst of global uncertainty

While 2011 was a near-record year for mining mergers and acquisitions (M&A), with over 2,600 deals worth $149 billion in the global mining sector, 2012 is not looking so good,…

May 9, 2012

Coalspur substantially increases its coal resources following recent vista extension acquisition extension acquisition

Coalspur Mines Limited ("Coalspur" or "Company") (ASX: CPL, TSX: CPT) is pleased to announce an initial Coal Resource estimate on the recently acquired11 Vista Extension, comprising 173.7 million tonnes ("Mt")…