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B.C.’s Mining Industry High Coal Prices to Record 2008 Profits


Aggregate pre-tax earnings rose to $3.2 billion, the highest amount in the 41-year history of a PricewaterhouseCoppers survey.

Canada Mining Exploration Company Shift Away From Metal Mine Exploration to Coal Mine Exploration


Canada’s biggest diversified mining company has made a major shift away from metals to coal.
Teck Cominco Ltd.’s $14-billion (U.S.) offer for Fording Canadian Coal Trust – the largest coal sector deal in history – amounts to a major bet by Teck on continued strength for the commodity, which is used to make steel and is [...]