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 [...]
Continue reading "North American Gem Inc. Shipping Coal"
Wednesday, August 18, 2010
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.
Continue reading "North American Gem Considers Offers to Sell or JV"
Monday, August 16, 2010
China has made no secret that it is in the process of diversifying its power production and, logically, through that process thermal coal will begin to represent an increasingly smaller percentage of the total energy produced.
Continue reading "Coal Forecasts Revised Amid Reports of Slowing Chinese Demand"
Wednesday, August 4, 2010
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 [...]
Continue reading "North American Gem Inc. has Commenced Mining Blue Gem Coal"
Tuesday, July 27, 2010
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 [...]
Continue reading "North American Gem Inc. Receives Complete Approval to Mine"
Wednesday, June 23, 2010
North American Gem Inc. reports it has reached its regulatory milestone in the permitting process for its property. The new Mine permit number #816-0513 has been assigned to North American Gem US, Inc., (NAG US) and has been recorded as North American Gem #2 Mine in Knox County, Kentucky.North American Gem US, Inc. has completed the required public [...]
Continue reading "North American Gem- Has Reached Regulatory Milestone"
Wednesday, June 23, 2010
North American Gem reports a correction to its permit number for North American Gem #2 Mine in Knox County, Kentucky. The correct permit application number is #861-0513. For complete news release, click here. For North American Gem’s company profile, click here.
Wednesday, May 12, 2010
Cliffs Natural Resources, a US coal- and iron-ore miner, has announced its increase on the company’s common shares by 60 percent. By close of business on May 14, 2010, the quarterly dividend will be increased to $0,14 a share. This is payable on June 1, 2010. CFO Laurie Brlas is quoted saying: “Cliffs’ outlook for [...]
Continue reading "Cliffs Increases Quarterly Dividend to $0,14 A Share"
Tuesday, February 9, 2010
The years-long effort to develop a coal mine in the Otter Creek Valley has come to naught. Queensland billionaire Clive Palmer has also backtracked on his $60 b coal contract with a Chinese group. What seems to be happening here?
Continue reading "Backing Out Of Coal"
Tuesday, January 5, 2010
Coal companies are locking in some advantageous deals, as the broad economy juggernaut rallies forth. Look out for coal stocks in 2010.
Continue reading "Coal Prices To Jump 10% In 2010"
For upcoming coal investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
CoalInvestingNews.com maintains a focus on Coal exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Coal Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Monday, August 23, 2010