March 28, 2024

Activists, community members applaud local governments’ stance on coal export expansion

Several Metro Vancouver municipalities are getting applause  from coal activists and people from the White Rock, Surrey and Bellingham areas - for expressing concerns about coal export expansion. More than 100 people came out Sunday in White Rock to show support and celebrate. Climate change activist Kevin Washbook says he's pleased with … [Read more...]

Coal transfer terminal on the Fraser River causes outrage among climate change advocates

A community meeting is being held this evening about a proposed coal transer terminal on the Fraser River in Surrey. If the terminal goes ahead, the coal would come in by train and be transferred to barges, and taken to Texada Island. It would then be exported to Asia. Kevin Washbrook with the group, "Voters Taking Action Against Climate Change" is … [Read more...]

Mayor has questions about coal exports

Vancouver's Mayor is asking questions about plans by local port authorities to increase coal exports. Gregor Robertson's written a letter to Port Metro Vancouver requesting full public consultation before any decisions are finalized. He's concerned because if two proposals to boost exports are approved,  Vancouver's Port will become the … [Read more...]

Mayor wants Translink to pour on the coal and get things moving faster

Surrey's Mayor is also not a fan of the Provincial audit which found 139 million dollars per year in savings within Translink. Dianne Watts says some of those savings come from service cuts when what is needed, especially south of the Fraser, is expansion, "And that is the assessment we are going to have to do to see what the impacts are and … [Read more...]

Climate change protesters attempt to block coal train in White Rock

Protesters in White Rock plan to continue demonstrating against coal until midnight tonight. They're calling for a moratorium on new coal mines in B.C., a phasing out of existing mines, and an end to importing and re-exporting American coal. "Everything I read about climate change says that we have only a few years left to turn it around or it's … [Read more...]

Xstrata sells stake in B.C. coal for US$435M

VANCOUVER - A subsidiary of Swiss global mining giant Xstrata PLC that operates in B.C.'s coal industry says JX Nippon Oil & Energy Corp. will pay US$ 435 million for a 25 per cent stake in the operation.Xstrata Coal British Columbia said Wednesday it will retain a 75 stake in the joint venture, that will own coking coal assets in B.C.'s Peace … [Read more...]

Cardero Resource signs deal for Trefi Coal

VANCOUVER - Cardero Resource Corp. (TSX:CDU) has signed a deal to acquire Trefi Coal Corp., a wholly owned subsidiary of Anglo Pacific Group PLC., and its Trefi metallurgical coal deposit.The property includes 15 coal licences and three licence application areas, totalling 9,437 hectares, located approximately 30 kilometres southeast of Chetwynd, … [Read more...]

Velocity invests in Arkansas coal project

VANCOUVER - Velocity Minerals Ltd. (TSX:VLC) says it will provide a holder of Arkansas coal leases with US$ 50 million in capital in exchange for a 50 per cent stake in the project. Local news from … [Read more...]

Teck, Ridley reach coal agreement

VANCOUVER - Teck Resources Ltd. (TSX:TCK.B) and Ridley Terminals have reached a 10-year agreement for the shipment of steelmaking coal from Teck's mines in British Columbia.The new agreement contemplates Teck shipping 2.5 million tonnes of coal per year throughout the contract period, which will run from Jan. 1, 2015 to Dec. 31, 2024. Teck has the … [Read more...]