Coal Investing News reports coal prices have been rallying since the global recession. Meanwhile, Bloomberg reported that Canada’s biggest base-metals company Teck Resources Limited (TSX:TCK.B) is in talks to sell coking coal assets to Chinese companies to help reduce debt. Donald Lindsay CEO Teck Resources said that “We are going through a process of talks [...]
Iron Investing News reports iron is supported by the Australian government. Shares in WA’s mid-west iron ore miners and explorers lifted after the Federal Government committed $339 million towards the $4 billion Oakajee port. The government matched funding offered by the WA state government in its 2009/10 federal budget handed down on Tuesday, bringing the [...]
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