Met Coal News:
MCN:
Teck to fire up coal output beyond 30Mt by 2013
TORONTO (
miningweekly.com) – Canada's biggest diversified miner, Teck Resources, aims to produce
metallurgical coalat a rate of more than 30-million tons yearly by 2013, as it expandscurrent operations and reopens a shuttered mine in British Columbia
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Walter Energy Settles In
Shares of this
metallurgical coalcompany, which closed Tuesday at $75, saw a big gain on Wednesday afterthis rumor came out. The stock traded as $97.30 before profit takingbegan. I said in my post that investors should be cautious with thisstock,
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Sector movers: Miners dragged lower by updates and metals prices
Strikes at BHP Billiton's
metallurgical coalmines in Australia were dragging down the share price. Labour unrest isexpected to continue over the weekend and early next week. Multi-metalmining colossus Rio Tinto was lower after saying that it is to
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