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Fording Canadian Coal Trust
Fording Canadian Coal Trust (New York Stock Exchange, NYSE: FDG; Toronto Stock Exchange, TSX:FDG) was a Canada, Canadian-based royalty trust which owned a 60% stake in the Elk Valley Coal Partnership (EVCP), which in turn produced Coke (fuel), hard-coking metallurgical coal, primarily for steel production, at its facility in Elk Valley (British Columbia), Elk Valley, British Columbia. Through the EVCP it also owned a 46% interest in Neptune Bulk Terminals Ltd., Neptune Bulk Terminals (Canada) Ltd., which operates a dedicated coal Berth (moorings), berth at the Port of Vancouver. Its market capitalization was $11-billion United States dollar, USD in 2008. The trust was formed in 2003 to assemble various assets from Luscar Ltd./CONSOL Energy Canada Ltd. joint ventures, Teck Cominco Ltd., and the former Fording Coal Ltd. (which was originally a unit of Canadian Pacific Railway until October 2001). On July 29, 2008, Teck Cominco announced an agreement with Fording to purchase 100% o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
