Amalfi Capital Corporation (TSX VENTURE:ALI.P) announced that CDR Minerals Inc. has completed its previously announced financing, its purchase of certain leases in connection with a mining project known as the Big Branch.
Read the full article: "Amalfi Capital and CDR Minerals Transaction..."
Friday, November 27, 2009
Radar Acquisitions Corp. (TSX VENTURE:RAC) today announced that Radar has closed the transaction to create a US coal mining company in partnership with a group of private investors in Alabama.
Read the full article: "Radar to Create US Coal Mining Company"
Thursday, November 26, 2009
On Thursday, Exxaro Resources (EXXJ.J), South African diversified miner, reported that coal prices were likely to rise to between $70 and $75 per tonne in 2010 from around $65 per tonne this year on the back of rising global demand.
Read the full article: "Exxaro Resources update"
Thursday, November 26, 2009
Walter Energy (NYSE: WLT) reported today that the company’s CEO, Victor P. Patrick, will present at the Macquarie Capital (USA) Inc. Global Metals & Mining Conference 2009 on Monday, Nov. 30, 2009 at 11:45 a.m. Eastern Standard Time and at the FBR Capital Markets 2009 Fall Investor Conference on Wednesday, Dec. 2, 2009 at 11:30 a.m. Eastern Standard Time.
Read the full article: "Walter Energy to Present at Investor..."
Wednesday, November 25, 2009
New Oriental Energy & Chemical Corp. (NASDAQ: NOEC) reported today that the company has received notification from the NASDAQ Listings Qualification Department over the Company’s stockholders’ equity of $7,214,000. New Oriental Energy & Chemical is a China-based specialty chemical and emerging coal-based alternative fuel manufacturer.
Read the full article: "New Oriental Energy & Chemical receives..."
Wednesday, November 25, 2009
According to Genscape, this week, Coal stockpiles at U.S. power plants rose to 1 percent from last week as shipments exceeded demand, and inventories were 11.9 percent greater than the same week of 2008.
Read the full article: "US coal stockpiles grew another 1%"
Tuesday, November 24, 2009
ALIX RESOURCES CORP. (TSX VENTURE:AIX)(FRANKFURT:37N) update on the company’s various projects:Manitoba Coal, Stewart, Arcadia, Pogo Gold Project and Yukon Gold Projects.
Read the full article: "ALIX RESOURCES update"
Tuesday, November 24, 2009
On Monday, U.S. coal mining companies shares plunged after data showed China’s coal imports fell 11 percent in the last month.
Read the full article: "U.S. coal companies' shares drop"
Monday, November 23, 2009
Saturn Minerals Inc. (TSX VENTURE:SMI) & Swift Resources Inc. (TSX VENTURE:SWR) have received the NI 43-101 report from Palatine Geological Ltd. on the Companies’ jointly-held Saskatoba Coal Project near Hudson Bay, Saskatchewan.
Read the full article: "Saturn Minerals & Swift Resources..."
Monday, November 23, 2009
Freewest Resources Canada Inc. (TSX VENTURE:FWR) today announced that the company has entered into an Arrangement Agreement with Cliffs Natural Resources Inc. (NYSE:CLF)(PARIS:CLF). According to the agreement Cliffs will acquire all of the shares of Freewest in a Board-supported transaction with a total estimated value of C$150.6 million, or C$0.70 per Freewest share.
Read the full article: "Cliffs Natural to acquire Freewest Resources..."
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Friday, November 27, 2009