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Coal miners struggle after Canadian takeovers
Coal miners struggle after Canadian takeovers
(iStockphoto)

Miners struggle after steel-driven Canadian takeovers

No one can say miners weren’t warned.

As the Toronto Stock Exchange soared following BHP Billiton Ltd.’s blockbuster bid for Potash Corp. of Saskatchewan, rising on expectations of a strengthening global economy and the resulting demand for resources, fears of a commodity supercycle were made loud and clear.