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Chetwynd The Echo in Chetwynd, British Columbia

24 Dec 2010

Page 3

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Chetwynd The Echo December 24, 2010 Page 3 old newspaper archives

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Newspaper

Chetwynd The Echo

Location

Chetwynd, British Columbia, Canada

Date

Dec 24, 2010

Page

3

Fifth largest coal producer merger eyed in Canada US UK

Western Coal and Walter Energy expect approval by February or March to fuse into a global metallurgical coal leader with about 350 million tonnes reserves and 18 million tonnes annual target. Combined operations span British Columbia, the United States and the United Kingdom with markets in Japan Korea and Europe. Leaders cited growth, safety and shareholder value, with premiums and share exchanges outlined for Western Coal holders.

MENTIONED IN THIS ARTICLE

Western Coal Keith Calder Canada Calder South America Europe Walter Energy Interim Joe Leonard Leonard Walter Western Tumbler Ridge Prince George B.C Prince Rupert Walter Energy Tampa Fla Appalachian U.S Alabama Blue Creek British Columbia United States United Kingdom
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Cantor profits from high-return projects in timber sector

Cantor reports a 106 million profit from focusing on high-return projects to boost mill efficiency. Spokesman Dave Lefebvre says they will review potential projects in the coming months and decide on including shuttered mills, while Frank Everitt of United Steelworkers hopes Rustad Bros. mill in Prince George is aided. Cantor has reopened several closed mills, including in Quesnel Mackenzie and Chetwynd, with Rustad shut nearly 18 months ago. Prince George’s Rustad closure affected 205 workers, and Canfor also closed its nearby Clear Lake mill. A Conference Board of Canada forecast notes China demand benefits the wood products sector, though the U.S. market remains worrisome.

MENTIONED IN THIS ARTICLE

Cantor Dave Lefebvre Lefebvre United Steelworkers Local 1-424 Frank Everitt Rustad Bros Prince George Quesnel Mackenzie Chetwynd Rustad Canfor Clear Lake Conference Board of Canada China U.S
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Japan Korea Gou Drivebc.ca
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