North American Gem (CVE:NAG) reports that the Kentucky Department of Natural Resources approved the mining application allowing immediate production to begin at North American Gem #2 Mine in Knox County, Kentucky, USA. Blue Gem Coal commands a price as much as 200% higher than high-quality steam coal and is typically the highest priced grade of coal produced [...]
Read the full article: "North American Gem Inc. Receives Complete..."
Tuesday, July 20, 2010
The International Energy Agency’s announcement that China overtook the United States as the world’s largest power-consuming nation in 2009 is promising news for coal producers. While other nations are turning away from coal power, it accounted for 70 percent of China’s total energy consumption last year. And, even with China’s National Energy Administration predicting coal consumption will supply only 63 percent of the country’s energy by 2015, investor and analysts are still bullish about coal in China.
Read the full article: "Coal Demand in China to Continue Climbing"
Thursday, July 15, 2010
Apella Resources Inc. (TSX VENTURE:APA)(FRANKFURT:NWN) and its Board of Directors are pleased to announced that recent drilling continued to intersect highly significant disseminated, semi massive and massive Vanadiferous mineralization on Apella’s Iron-T Vanadium-Iron-Titanium project near Matagami, Quebec.
Read the full article: "Apella Resources Inc.: 25.87 Metre (84.55..."
Friday, July 2, 2010
North American Gem Inc. (TSX:NAG) reports its annual general meeting conducted on June 23, 2010. All agenda items, as outlined in the circular, were approved and all company directors were re-elected. For complete news release, click here. For North American Gem’s Company profile, click here.
Read the full article: "North American Gem Inc. Held Its AGM"
Thursday, July 1, 2010
Sherritt International Corporation (TSX:S) announced that it has purchased for $45.0 million the 50% interest of the Ontario Teachers’ Pension Plan Board in Coal Valley Partnership, a 50/50 Ontario general partnership between Sherritt and OTPPB.
Read the full article: "Sherritt Purchases Remaining Interest in..."
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Tuesday, July 27, 2010