Posts Tagged ‘Vancouver’

Teck cuts 1,400 jobs, 2009 coal production

January 8th, 2009

OTTAWA (Reuters) - Teck Cominco Ltd (TCKb.TO: Quote) will cut about 1,400 jobs, or 13 percent of its staff, as part of its plan to clip costs and keep competitive as commodity prices remain weak, the Canadian mining company said on Thursday.
Teck, which expects to save about $85 million annually with the job cuts, also [...]

Western Canadian Coal gets environmental permit

November 25th, 2008

VANCOUVER, British Columbia (Reuters) - British Columbia has granted Western Canadian Coal Corp an environmental permit for its Hermann coal mine project, the province said on Monday.
The C$55 million ($45 million) open-pit project in northwestern British Columbia is expected to produce up to 1.1 million tonnes of metallurgical coal annually over 10 years, with the [...]

Uranium One books US$2.8B in writedowns in ‘deteriorating economic climat

November 15th, 2008

VANCOUVER, B.C. - Uranium One Inc. (TSX:UUU) has taken a US$2.8-billion writedown, partly offset by an $800-million reduction in future tax liabilities, and is cutting costs across all operations amid a “deteriorating economic climate.”
The company, active in Kazakhstan, South Africa, the United States and Australia, placed the Dominion mine in South Africa on care and [...]

QuestAir and Terasen Gas Sign Memorandum of Understanding for Biogas Project Development in B.C.

October 2nd, 2008

Vancouver, BC, October 2, 2008–(T-Net)–QuestAir Technologies Inc. (TSX: QAR; AIM: QAR) and Terasen Gas Inc. have signed a non-binding Memorandum of Understanding whereby the companies will work jointly on the development of potential projects to produce supplies of bio-methane from organic waste. This clean energy source would be injected into Terasen Gas’s existing pipeline [...]

Rockgate Discovers New Uranium Zone East of the North and Central Zones on the U-Ag-Cu Falea Project, Mali, West Africa

September 26th, 2008

VANCOUVER, BRITISH COLUMBIA, Sep 26, 2008 (MARKET WIRE via COMTEX) — Rockgate Capital Corp. (CA:RGT: news, chart, profile) (the “Company”) is pleased to report ICP-MS results from three exploration diamond drill holes located approximately three kilometres east of the Central Zone. For reference, the new zone has been named the East Zone.
The purpose of [...]

Rudd to announce clean coal initiative

September 19th, 2008

Prime Minister Kevin Rudd is expected to make an announcement today about the development of clean coal and carbon capture technology in Australia.
The Federal Government has a $500 million fund which it draws on to give grants to such projects.
Australia is exploring ways it can help the G8 meet its target of creating a significant [...]