New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a China-based specialty chemical and emerging coal-based alternative fuel manufacturer, reported that on Friday, August 27, 2010, the Company outlined in a letter to the NASDAQ Stock Market the steps it is undertaking to achieve compliance with NASDAQ’s minimum shareholder equity requirement of $2,500,000.
Solitaire Minerals Corp. (CVE:SLT) reported that AM Gold Inc., formerly known as Acero-Martin Exploration Inc., has entered into an agreement to settle its outstanding debt with Solitaire in the amount of $300,000.
Sparton Resources Inc. (CVE:SRI) reported its unaudited financial statements for the three month and six month periods ending June 30, 2010.
CBM Asia Development Corp. (CVE:TCF) announced that Jakarta-based PT Medco CBM Sekayu, a wholly owned subsidiary of PT Medco Energi CBM Indonesia, its operating partner on the Sekayu coalbed methane production sharing contract, has notified the Company that the second coalbed methane exploration well in the Sekayu Production Sharing Contract block located in the South Sumatra Basin, Indonesia, was spud on Saturday, August 28, 2010.
On Monday, South African diversified miner African Rainbow Minerals (JNB:ARIM) reported a 26 percent drop in full-year headline earnings, hit by a strong rand and lower prices for iron ore and manganese.
North American Gem (CVE:NAG) reports its shipping and selling coal has began. The main focus of NAG’s leasing and permitting strategy is to acquire and develop properties in areas where mining has occurred before the enactment of the Surface Mining Reclamation and Control act of 1977. North American Gem’s President and CEO, Charles Desjardins says: “NAG is looking [...]
North American Gem Inc. (CVE:NAG) reports that it is considering offers on its Louise Lake copper deposit , British Columbia, Canada. The road-accessible property is near a full-service community with excellent access to highway, rail and electrical infrastructure. For complete news, click here. For North American Gem’s company profile, click here.
Corsa Capital Ltd. (TSX VENTURE:CSO) announced that it has entered into an agreement dated August 16, 2010 with Wilson Creek Energy, LLC and the owners of Wilson Creek, pursuant to which Corsa will acquire Wilson Creek, subject to the terms and conditions of the Agreement, including the completion of the Private Placement.
Kent Exploration Inc. (CVE:KEX) announced that it has received Approval from the Spokane office of the United States Bureau of Land Management permitting the Company to conduct Mining Operations to mine up to 100,000 tons of Barite per year from its 100% optioned Flagstaff Barite Property.
Teck Resources Limited (TSE: TCK.A and TCK.B, NYSE: TCK) announced that it has priced its previously-announced offering of senior unsecured notes.
Thursday, September 2, 2010