Vancouver to Host Coal Association of Canada Conference in September

Business in Vancouver reported that from September 11 to 13, Vancouver will host the 2013 Coal Association of Canada conference and trade show. It will be held at the Westin Bayshore in Coal Harbour.

As quoted in the market news:

Speakers will discuss such topics as Canadian coal production, global coal and steel markets and rail and port capacity.

‘The global coal industry is facing challenging times,’ said Coal Association of Canada president Ann Marie Hann.

‘Our outstanding lineup of speakers will help put the issues into perspective by sharing strategic information about our industry so we can better understand the challenges and opportunities before us.’

Read more:Pan American Silver reports loss as prices fall

 Pan American Silver Corp reported a loss on Thursday, as weak precious metals prices weighed on its operating results and it took a non-cash impairment charge.

Net loss for the second quarter was $187.1 million, or $1.23 a share, compared with a profit of $37.0 million, or 24 cents a share, a year earlier.

Excluding a $185.2 million impairment charge and other items, Pan American reported an adjusted loss of $9.9 million, or 7 cents a share, compared with earnings of $8.2 million, or 5 cents a share. Revenue fell 12 percent to $175.6 million.