Coal, a major B.C. export, has been suffering from a global oversupply and falling prices. How is that for a reason to fill up your stockings with it? Hmm...
Finning International Inc. (TSX:FTT) and Caterpillar Inc. (NYSE:CAT) today announced the companies have reached an agreement for Finning to acquire from Caterpillar the distribution and support business formerly operated by Bucyrus in portions of South America and Western Canada and in the U.K.
The U.S. State Department is set to announce Wednesday whether it will approve TransCanada’s controversial Keystone XL pipeline extension, U.S. media are […]
Perceiving a cloudy future for world markets, Ivanhoe Mines (NYSE:IVN) announced that they had negotiated an additional US$1.8 billion bridge financing for Oyu Tolgoi.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Baja Mining (TSX:BAJ)(OTCQX:BAJFF) today announced that its 70 per cent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V. (MMB) drew a further US$ 100 million on January 17, 2012, the third draw on its senior debt facilities to date.
The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using underground coal gasification.
A new report by DRBS, a rating agency, warns of increasing volatility in the potash sector with a possible softening of prices, mostly due to supply factors.
Gold Reach Resources (CVE:GRV) enjoyed a 15% lift in its stock price today on news that it has quadrupled its resource estimate at the company's Ootsa Lake property in British Columbia, about 120 kilometres south of Smithers.