Daily podcast – July 13, 2009

In today's podcast: platinum-miner Eastern Platinum has terminated the contracts of two contract mining companies working at its Crocodile River mine; and Australia warns China of the risks to business confidence from the detention without charge...

Western Canadian Coal gets UK go ahead for Cambrian deal

A UK court has sanctioned a plan by Vancouver-based Western Canadian Coal Corp to buy Cambrian Mining, the firm reported on Friday. WCC said in May it had agreed to buy Cambrian Mining, which actually owned about 34% of the Canadian firm, for...

Western Canadian sells enough coal to keep mines running

Vancouver-based Western Canadian Coal Corp (WCC) has secured sufficient sales contracts, at strong enough prices, for the 12 months ended March 2010, to continue mining at its Wolverine and Brule operations, in British Columbia. WCC shares leapt...

Western Canadian Coal in talks to buy Cambrian Mining

Aim- and TSX-listed Western Canadian Coal Corp (WCC) has reached an agreement in principle on the main points of a plan to buy Cambrian Mining, the companies announced on Wednesday. The proposed acquisition, which could be through a scheme of...

Cambrian to speed up transformation into mine operator

LSE-listed resources investment firm Cambrian Mining plans to move towards becoming a focused mine operator to take advantage of high commodity prices, the firm said on Monday. The firm is in talks to sell its stake in Xstract Energy, and is...

Western Canadian Coal leaps on appointment of adviser in strategic review

Shares in metallurgical coal producer Western Canadian Coal Corp (WCC) rose 13% on Tuesday after the company said that it had appointed Morgan Stanley to assist the company in a strategic review.

Company Announcement: Cambrian Works With WCCC to Ensure Successful Debenture Offering

Attached please find a press release on: Cambrian Mining Plc (“Cambrian” or “the Company”) is pleased to update shareholders on Western Canadian Coal Corp (WCCC).