Mining

Have a very unmerry Christmas: Glencore gets stocking full of (no) coal

While people in Tumbler Ridge are cautiously celebrating the sale of Quintette mine to Conuma Coal, feelings are less enthusiastic about the Federal and...

Update on Peace River Coal

Despite rumours, Peace River Coal is not going to be re-opening any time soon, at least, not under the auspices of Anglo American.  We recently...

HD Mining aiming for “substantial start” by October, 2025

For the last eight years, the Murray River project has been in care and maintenance as HD Mining has been working on finding funding...

Sukunka Coal Project back under review

The longest-germinating coal project in the Northeast is back on the table. On July 15, the clock for the 180-day application review period for...

Changing mines, changing minds

Missed a record by that much Mining is back.  After years of lower spending on exploration by mining companies, 2021 saw $660 million spent looking for...

Conuma’s bond rating drops

Last month, Moody’s Investor’s Service downgraded Conuma’s corporate family rating from B3 to Caa1. B3 is “obligations considered speculative and subject to high credit...

New position, new person at helm of Conuma

Conuma President John Schadan has been replaced by former Vice President Brian Marshall, who takes on the newly created position of Chief Operating Officer.  Marshal...

Since last year, 13 Covid cases at Conuma

With BC slowly coming out of the Pandemic—the goal is to be back mostly to normal by September—Conuma has released numbers on how the...

Conuma plans highway haul over summer

Recently, Conuma Coal approached Teck and Anglo American to purchase their coal stockpiles that have been sitting around for years.  “They currently have no plans...

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