On Friday, it was reported that Glencore [GLEN.UL] plans to buy back the prized Prodeco coal operations in Colombia from mining group Xstrata (XTA.L), but may chose to bring in a partner to do so.
Read the full article: "Glencore to seek partner to buy back coal..."
Friday, January 29, 2010
Coal miner Consol Energy Inc (CNX.N)announced that a better-than-expected fourth-quarter profit and forecast increased exports of steel-making coal to Asia.
Read the full article: "Consol Q4 profits"
Thursday, January 28, 2010
Coal prices firm up.
Read the full article: "Coal Market Leaps To Life"
Thursday, January 28, 2010
Freewest Resources Canada Inc. (TSX VENTURE:FWR) reported today the completion of its previously announced arrangement under the Canada Business Corporations Act.
Read the full article: "Cliffs Acquisition of Freewest Completed"
Thursday, January 28, 2010
North American Gem Inc. (NAG) (TSX VENTURE:NAG) has mobilized a third auger to increase mining production at the North American Gem #1 Mine in Whitley County, Kentucky.
Read the full article: "North American Gem update on #1 Mine"
Wednesday, January 27, 2010
Sparton Resources Inc. (TSX VENTURE:SRI) reported that the company has completed the second sale of germanium concentrate from its 51% owned 306 Huajun Coal Co. Ltd. which produces germanium concentrates and thermal coal in the Lincang area of Yunnan Province, China.
Read the full article: "Sparton reports 2009 Revenue From Huajun..."
Wednesday, January 27, 2010
Goldsource Mines Inc. (TSX VENTURE:GXS) reported that the company has started the winter drill program at its coal properties in Saskatchewan and Manitoba.
Read the full article: "Goldsource starts Winter Drill Program"
Tuesday, January 26, 2010
North American Gem Inc. (TSX VENTURE:NAG) (NAG) reported the engagement of Ms. Deborah Moses, a Professional Engineer, with the support of Engineering Consulting Services, Inc. (ECSI) to provide engineering services for the Company’s coal operations in Kentucky and West Virginia.
Read the full article: "North American Gem new appointee"
Tuesday, January 26, 2010
On Tuesday, it was reported that Vitol buys 4-yr export space at Carbosan port, Santa Marta.
Read the full article: "Vitol buys export space at Colombia Santa..."
Tuesday, January 26, 2010
International Mining Machinery is reported to have plans to raise up to about $427 million in an initial public offering of shares in Hong Kong.
Read the full article: "International Mining Machinery: $427 mln HK..."
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Friday, January 29, 2010