SouthGobi Resources Reports Third Quarter 2010 Financial and Operating Results
SouthGobi Resources Ltd. (TSE:SGQ) reports its financial results for the third quarter 2010.
Articles Tagged "coal industry"
Contamination fear fails to stop project
The Australian.com reports that the biggest coal- seam gas project in Queensland has been approved by the Bligh government, even though there was suspicion of contamination in wells in production fields.
Kentucky Coal Association and State sue EPA
Kentucky and the state’s coal mining association together have joined forces, filing a lawsuit Monday against the U.S. Environmental Protection Agency’s (EPA) move to block water discharge permits.
SouthGobi Resources Announces Sales and Operations Update
SouthGobi Resources Ltd. (TSE:SGQ) reports an update on sales, operations and personnel changes. The press release is quoted as saying: SouthGobi is significantly revising its second half 2010 sales volume guidance to approximately 1.5 million tonnes. The company previously indicated sales volume for the second half of 2010 would not be substantially different from the sales volume [...]
North American Gem Inc. Closes Private Placement
North American Gem Inc. (CVE:NAG) reports that it has closed the non-brokered private placement which was reported on August 4th, 2010 and repriced on September 8th 2010. The press release is quoted by saying: A total of 3,623,825 non-flow-through units at a price of $0.08 per unit were issued in the second tranche. Each unit consists of [...]
North American Gem Applies for Multiple Coal Exploration Permits
North American Gem(CVE:NAG) reports its application for multiple coal exploration permits to the Kentucky Department of Natural Resources. These permits applications are for the North American Gem #2 Mine, North American Gem #3 Mine (Swan Pond Lease), Gilliam Hill South Lease, and the Arkle Hollow Lease. For complete news release, click here. For North Amercian Gem’s company profile, [...]
North American Gem Inc. Amends Terms of the Private Placement
North American Gem Inc. (CVE:NAG) reports it has amended the terms of the non-brokered private placement originally announced on August 4th, 2010. The Company, subject to the approval of the TSX Venture Exchange, intends to issue up to 12,500,000 units at a price of $0.08 per unit for total proceeds of up to $1,000,000. For complete news [...]
North American Gem Inc. Shipping Coal
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. has Commenced Mining Blue Gem Coal
North American Gem Inc. (CVE: NAG) reports it has began mining Blue Gem and Thermal (Jellico seam) coal at the North American Gem #2 Mine in Knox County, Kentucky. Kentucky Mine Partners LLC (KMP) is performing the mining operations at the North American Gem #2 Mine. Initial production of the Blue Gem and Thermal coal is [...]
Smoking Hot: Coal Is On Fire
Obama's budget proposals have come in for flak, given that it is clearly set to scale back tax breaks and other incentives for domestic production of coal.
