PHI Group Progresses on Indonesia Coal Resource Acquisition
PHI Group Inc. (OTCQB:PHIE.PK) announced the signing of an LOI for a 20.7 million tons of coal resources in Indonesia.
PHI Group Inc. (OTCQB:PHIE.PK) announced the signing of an LOI for a 20.7 million tons of coal resources in Indonesia.
Lucky Strike Resources Ltd. (TSXV:LKY,OTCQX:LKYSF) announced the initial coal quantities for its CN Coal Project.
SouthGobi Resources Ltd. (TSE:SGQ) reports the appointment of Matthew O'Kane with effect of July 1, 2011 to the role of Chief Financial Officer.
Puda Coal (AMEX:PUDA) is planning several mine acquisitions and consolidations in China. The article is quoted as saying: Shanxi Puda Coal Group Co. Inc. (“Shanxi Coal”), a 90% subsidiary of the Company, is approved by the government to acquire nine thermal coal mines in Pinglu County and consolidate them into five mines. To access the [...]
Marketwatch reports that improving risk outlooks for coal supplies in Australia and the Middle East have caused a drop in Canadian coal stocks. The article states that: Some major coal miners in Australia were reopening their mines after Tropical Cyclone Yasi imparted minimal damage on the country’s extensive mining operations. To access the full story, [...]
Bloomberg.com reports that coal minesin Queensland are re-opening as Cyclone Yasi heads inland
Mining Weekly.com reports that it is too early yet to declare the impact of Cyclone Yasi on coal and base metal mining in Queensland.
Mining Weekly.com reports that the South African Mines minister is taking action to make sure that South African has enough coal to generate power.
Reuters.com reports that the Australian PM is feeling increasing pressure as Queensland's coal exports are likely to be diminshed.
AFP.com reports that Obama' administration suspects that new proposed environmental rules will cut up to 7,000 jobs in the coal industry
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