Teck reported exploring Sale of Coal Business

Bloomberg reported that Teck Resources Ltd. is exploring options for its metallurgical coal business, including a sale or spinoff that could value the unit at as much as $8 billion, people with knowledge of the matter said. Bloomberg published: “The Canadian miner is working with an adviser as it studies strategic alternatives for the business, […]

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What if China stops taking Australia’s coal?

China is ‘seeking to both punish Australia for taking certain decisions and warn off other countries from adopting similar policies

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Downturn in Market price for Coal

The metallurgical coal market is showing signs of strain from oversupply as steel production cuts bite coke sales.

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North Coal Re-enters Environmental Assessment Process

North Coal Ltd. is moving forward again with their plans to develop the proposed Michel Coal Project. They have re-entered the Environmental Assessment (EA) process with a revised project description and with the price of metallurgical coal being favourable the opportunity is once again viable. North Star holds the coal licenses that comprise the project […]

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