Why did this slide wipe $1.3B from Teck's market value?

Having trouble viewing this email?  View online Coal News Digest Tuesday 7 November 2017 Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc Why did this slide wipe $1.3B from Teck's market value? The wrong coal mix tanks shares in Teck Resources, Canada's largest diversified miner. read » Rick Perry suggests proposal to force utilities to pay more for non-renewables U.S. Energy Secretary Rick Perry has come up with a controversial plan to slow the closure of coal-powered fire plants, under the guise of stabilizing the power grid. read » Rio facing class action in the U.S. over Mozambique coal mine The filing cited Anton Colbert of Cook County, Illinois, as lead plaintiff but his action acts in the name of "hundreds or thousands of members in the proposed class." read » Chinese coal imports from North Korea plummet Dictatorship was number two supplier of metallurgical coal to China after Australia before latest UN sanctions. read » UNEP urges mining companies to better manage tailings facilities The agency is urging mining companies to put safety first and avoid erecting dams using methods that are known to be high risk. read » Global steel production at 7-month low Price of iron ore declines ahead of Chinese winter steel output cuts, widening Kobe Steel scandal. read » SEC charges Rio Tinto, former top executives with fraud Lawsuit against ex-CEO Tom Albanese, CFO Guy Elliott centers on $3.7 billion acquisition of Mozambique coal assets in 2011 later sold for just $50m. read » Seven workers killed and one still trapped after Turkey coal mine collapse Part of a coal mine in Turkey's southeastern province of Sirnak has collapsed, leaving eight workers trapped inside. read » Clean mining project shortlisted for $950 million Canadian gov't funding The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027. read » Sherritt International fined $1 million for coal mine spills in Canada Sherritt pleaded guilty in the Provincial Court of Alberta to three counts of contravening the Fisheries Act. read » In the country where coal is king, a battle with the EU looms The buzzword in the Brussels energy and climate bubble is 450, a number that is dividing European Union lawmakers and making coal-dependent Poland fume over upcoming reforms to the world's biggest carbon market. read » Awaiting Trump's coal comeback, miners reject retraining Although there have been small gains in coal output and hiring this year, driven by foreign demand, production levels remain near lows hit in 1978. read » Glencore raises marketing guidance, lowers output In third-quarter production report, Glencore lowered its output guidance for copper, zinc and coal but said full-year earnings would not suffer. read » Trump to shrink Utah national monuments in bid to boost drilling, mining U.S. President Donald Trump will shrink the size of two national monuments in Utah, Senator Orrin Hatch of Utah said on Friday, a change that will open parts of them to drilling and mining but which Democrats, environmental groups and Native Americans are vowing to fight. read » Nova Scotia miners call for better balance in protected areas plan The Mining Association of Nova Scotia is calling on the provincial government to strike a better balance between protecting jobs and protecting land. read » In bizarre twist, coal may become a scarce commodity: Russell The current debate surrounding coal is generally one of how long it will continue to play a role in the world's energy mix before it is replaced by cleaner alternatives, , but the coming years may see a deficit in seaborne markets for the polluting fuel. read » Read more Coal news on MINING.com » Home    Coal    Copper    Iron Ore    Nickel    Rare Earth    Oil Sands    Uranium    Zinc About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 |[email protected].Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "MINING.com Coal News Digest". You mayunsubscribe at any time. The information contained in “Coal News Digest” is collected from a variety of sources on a “best intentions”basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose.Any information presented in “Coal News Digest” is not a solicitation to purchase or acquire any securities.Use of this service is an acceptance of this disclaimer. Visit our web site to read ourcomplete disclaimer.