Graphic: Foreign Interest Wanes

The collapse in gold and other metal prices has kept foreign buyers away. In 2010, the biggest year in the past decade for inbound mining transactions, coal was still very much a desired commodity in Canada, with Western Coal being bought out by Walter Energy for US$2.9 billion. The past four years, by comparison, have seen barely a trickle of these sorts of deals.
The collapse in gold and other metal prices has kept foreign buyers away. In 2010, the biggest year in the past decade for inbound mining transactions, coal was still very much a desired commodity in Canada, with Western Coal being bought out by Walter Energy for US$2.9 billion. The past four years, by comparison, have seen barely a trickle of these sorts of deals.