Western Coal sees output of 10Mt/y by 2013

Vancouver-based Western Coal (formerly Western Canadian Coal) plans to boost production to 10-million tons a year of coal by 2013, chairperson John Byrne told shareholders at the firm's annual meeting on Tuesday. Earlier this year, Western bought...

Western Canadian Coal and Cambrian agree on tie-up

Vancouver-based Western Canadian Coal (Western) has agreed to buy shareholder Cambrian Mining for about C$120-million in shares, the two companies announced on Wednesday. The combination will create a simplified ownership structure – Cambrian...

Canadian mining sector gears up for the big chill

From Vancouver in the west to the Maritimes in the east and far up into the icy extremities of the territories, Canada, like South Africa, can trace much of its economic development and identity to the roller-coaster businesses of exploration and...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

Peabody Energy trims coal output targets for '09

Peabody Energy, the biggest coal-miner in the US, has lowered its production targets for the company's Powder River Basin and Australian coal mines, as the global economic downturn weighs on demand, the firm announced on Wednesday. The new output...

Western Canadian Coal agrees to lend Cambrian $36m

Vancouver-based Western Canadian Coal (WCC) has agreed to make a loan facility of up to $36-million available to a subsidiary of Aim-listed Cambrian Mining, the firm announced on Friday. Cambrian will use the funds, which will be available...

Western Canadian Coal to halt BC mine on market 'uncertainty'

Canadian coal-miner Western Canadian Coal (WCC) will temporarily suspend mining operations at its Willow Creek mine, in British Columbia, at the end of this month. “Despite a successful start-up of mining operations at the Willow Creek mine,...

Western Canadian Coal receives interest in all or part of company

Shares in Western Canadian Coal (WCC) leapt on Wednesday, after the miner said that it had received several proposals to buy a stake in or all of the company. The firm, which announced in December that it was beginning a review of its strategic...

WorleyParsons buys Canadian engineering firm for C$47,5m

Australia's biggest engineering company, WorleyParsons, has acquired Westmar Consultants, a leading Canadian engineering and consulting company, which specialises in marine and port facilities, resource and mining infrastructure, bulk...

Western Canadian Coal considers options, including mergers, disposals

Metallurgical-coal producer Western Canadian Coal (WCC) has begun a review of its strategic alternatives, which could include strategic alliances and refinancing opportunities, mergers, acquisitions, or a sale of all or part of the business, the...

State to allow Canadian miner to increase coal production

Canadian-based Western Canadian Coal has received an amendment to its environmental assessment certificate from the Government of British Columbia to allow for a production rate at the Wolverine Mine of 2,4-million tons a year of hard coking coal.

Coal miner raises infrastructure funding

Toronto Stock Exchange and AIM-listed exploration firm Western Canadian Coal has entered into an agreement that should see it earn some C$125-million.