Company Announcement: Canadian Quantum Energy Plans Alberta Drilling

Canadian Quantum Energy Corp. [CQM-TSXV] is a Calgary-based oil & gas exploration company, with land holdings in Alberta and Québec. The company has 27,168,665 shares outstanding with insiders owning approximately 52%.

Consol earnings rise

US coal and gas producer Consol Energy increased adjusted net income 69% year-on-year, to $174-million, thanks to higher revenue and sales in its coal division. Consol Energy mines coal in Utah, Kentucky, Ohio, West Virginia, Virginia and...

Consol raises outlook, shares gain

Shares in US coal and gas producer Consol Energy rose more than four percent on Thursday, after the company raised its 2011 coal production guidance based on a strong start to the year. Consol produced 15.4-million tons of coal in the second...

€11-million lime calcining system to be delivered end 2011

Global supplier of sustainable technology and services for the mining industry Metso will supply a 900 t/d lime calcining system worth about €11-million to US-based manufacturer and supplier of magnesium oxide and magnesium hydroxide products...

Higher prices, sales boost Consol profit

US coal and gas producer Consol Energy increased first quarter profit by 92%, the firm said on Thursday, helped by increased coal prices and higher than expected sales volumes. Consol earned $192-million, compared with $100-million in the same...

Higher oil prices lift Husky's Q1 earnings

Husky Energy, one of Canada’s biggest oil sands producers, on Wednesday reported first-quarter earnings of C$626-million, a 70% rise compared with a year ago, after benefiting from non-core asset sales and slightly higher production. Output...

Consol boosts coal output forecast after strong Q1

Consol Energy has raised its coal production guidance for 2011 by about two percent, after a better than expected performance in the first three months of the year. Consol produced 17,2-million tons of coal in the first quarter, including...

Consol reports lower Q4 earnings

US coal and natural gas producer reported a seven percent decline in fourth-quarter profit, after some production costs rose and legal accruals and settlements, acquisition and financing fees and some non-cash charges also weighed on earnings....

Consol coal output rose to 62,4Mt in 2010

US-based coal and gas producer Consol Energy produced 62,4-million tons of coal in 2010, including 4,5-million tons of low-vol metallurgical coal from its Buchanan mine, the firm said on Tuesday. In 2009, the firm produced 59,3-million tons,...

Consol Energy boosts coal, gas output

Pittsburgh-based Consol Energy increased coal production in the third quarter to 14,7-million tons of coal, including 1,3-million tons of low-volatile coking coal produced at the Buchanan mine, the firm said on Wednesday. A year ago, Consol...

Consol to close two high-cost coal mines

US coal producer Consol Energy will close two mines and lay off workers because of high production costs at the operations, the group announced on Friday. Consol, which produces mainly thermal coal, plans to close its Mine 84, in Pennsylvania,...

Tom Albanese

Position: Chief Executive Officer, Rio Tinto, since May 2007 Main activity of the company: Globally diversified mining company