Chinese Coal Sector Consolidates as Indian Coal Imports Surge
As overcapacity pushes the Chinese coal sector toward consolidation, coal imports in India are increasing.
As overcapacity pushes the Chinese coal sector toward consolidation, coal imports in India are increasing.
Novadx Ventures Corp.(TSXV:NDX) announced the initiation of a new strategic plan which focuses on four key initiatives. The Company put the plan in place with the help of Sandstorm Metals & Energy Ltd.
Novadx Ventures Corp. (TSXV:NDX) announced that the Supreme Court of British Columbia has issued a decision in favour of the Company and its wholly owned subsidiary, MCoal Corporation and dismissed all of the claims of the holders of the Series A and Series B Secured Convertible Debentures.
Novadx Ventures Corp. (TSXV:NDX) filed on SEDAR an updated National Instrument 43-101 - Standards of Disclosure for Mineral Projects report titled "Technical Report on the Rex Coal Mine Property, MCoal Corporation, Campbell County, Tennessee, USA", which included total measured and indicated resources of 38.1M tons and inferred resource of 9.6M tons.
The United States Department of the Interior, Office of Surface Mining in Knoxville, Tennessee has issued Novadx Ventures Corp. (TSXV:NDX) a Notice of Technical Adequacy in respect to the Company's application to revise its permit to construct and operate a coal washing facility at its Rex No. 1 Mine located in Campbell County, Tennessee.
Novadx Ventures Corp.(TSXV:NDX) announced the latest updates for the Rex Coal seam at the Rex mine, Tennessee. The Company received results from an independent data evaluation of the resources at the mine. Novadx are also preparing an updated NI 43-101 technical report.
Mine development at the Novadx Ventures Corp. (TSXV:NDX) Rex No. 1 Mine is nearing completion, and the company has commenced raw coal shipments to two customers on a trial basis.
MCoal Corporation, a wholly-owned subsidiary of Novadx Ventures Corp. (TSXV:NDX), together with the Alabama Department of Environmental Management, have defended the action by the Black Warrior River Keepers, Inc. and Friends of the Locust Fork, Inc. challenge to ADEM's 2009 issuance of the National Pollutant Discharge Elimination System Permit N0. AL0080080 to MCoal for operation of its Rosa mine in Blount County, Alabama.
Novadx Ventures Corp. (CVE:NDX) announced that as a result of recent developments in its due diligence it has commenced taking steps to terminate its efforts to acquire the assets of Ikerd Mining, LLC.
Novadx Ventures Corp (CVE:NDX) reports an update by MCoal Corporation on the Ikerd asset acquisition.
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