
North American coal shipments to India rise; cuts dependence on Australia
During the year ended March 2019, Australia's share in the Indian metallurgical coal market declined to 36.91 million t.
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During the year ended March 2019, Australia's share in the Indian metallurgical coal market declined to 36.91 million t.

Moody's says in a new report that the North American coal industry outlook is stable for the next 12 - 18 months. Thermal coal remains in secular decline, but prices will remain favourable for most coals.

Teck has announced a share buyback increase to CAN$1 billion and a redemption of US$600 million principal amount of notes.

Canadian Utilities Ltd yesterday agreed to sell its entire Canadian fossil fuel-based electricity generation portfolio, including 11 partly or fully owned natural gas-fired and coal-fired electricity generation assets.

Morien has been granted approval by the Nova Scotia Department of Labour and Advanced Education for a revised ground control procedure, which allows for the continuation of mining and development operations at its Donkin mine.

Westmoreland Coal Company has announced that its Chapter 11 plan has become effective.

The report provides expert advice that will help shape Canada's approach to assisting Canadians and communities affected by the phase-out of traditional coal-fired electricity.

Ruberg, CIO with Teck since 2006, has joined GMG to help shape strategy.

The Venture 50 are the top ten companies listed on TSXV Venture Exchange in each of five major industry sectors.

The three-year subscription package will cover Conuma’s three mines near Tumbler Ridge in northeastern British Columbia, Canada.

The company has also been awarded a Level 4 Broad-Based Black Economic Empowerment rating.

A technical report was filed by the company on 21 December last year.