Phoenix Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, announced the Company has received a permit granted by the United States Army Corps of Engineers under Section 404 of the Clean Water Act. With the 404 Permit, the Company has now secured all of the necessary permits [...]

Weststar Resources Corp. announce that it has received a NI 43-101 Technical Report on the Saskatchewan Tobin Lake 18 Meter Coal property. The report, dated January 6, 2009, is authored by Marvin A. Mitchell, P. Eng of Mitchell Geological Services Inc. and will be filed on SEDAR shortly.
The Tobin Lake 18 Meter Coal property consists [...]

Cloudbreak Resources Ltd. report that Saskatchewan Energy and Resources has delivered to The Company additional coal permits encompassing 8 full or partial townships.
To date, Cloudbreak Resources Ltd. has a total of 18.5 full or partial townships, or approximately 410,000 acres of coal permits in Saskatchewan and approximately 350,000 acres for the rights to subsurface potash [...]

Homeland Energy Group Ltd. wishes to announce that, at the request of GMR Energy Limited, it has agreed to an extension of the completion date by which its subsidiary, Homeland Energy Corp., must complete the repurchase of shares of the Company’s South African operations from GMR Energy Limited of Bangalore, India.
GMR Energy Limited requested the [...]

Canasia Industries Corporation has received approval from the Saskatchewan Ministry of Energy and Resources on coal permits covering 1,314 hectares. These permits are in close proximity to a recent coal discovery made by Goldsource Mines Inc. Canasia has received partial applications to date from the Saskatchewan Government covering 52,834 hectares (approximately 130,500 acres) to date. [...]

Weststar Resources Corp. have executed an amendment agreement to the Acquisition Agreement dated June 19, 2008 with respect to the Saskatchewan Tobin Lake 18 metre Coal property.
Under the terms of the Amendment Agreement the Company will pay the Vendors a total of $1,150,000 over a 36 month period and also issue to the Vendors [...]

Walter Industries, Inc. announced the permanent closure of the Kodiak Mine in Shelby County, Ala., as a result of high operational costs, difficult operating conditions and a challenging pricing environment for Kodiak’s product. The Company estimates that a resulting pre-tax charge of approximately $20 million will be recognized in the fourth quarter 2008, nearly all [...]

Cash Minerals Ltd. announced that it has successfully reached a settlement agreement with a creditor of the Company to re-structure $352,450 in outstanding net debt as at September 29, 2008. Cash Minerals will settle the outstanding amount through the issuance of 2,000,000 common shares of the Company. This transaction is subject to TSX Venture Exchange [...]

Mineralogy Canada Acquisition Corp., a direct wholly-owned subsidiary of Mineralogy Pty Ltd., announces that on December 18, 2008 it acquired from Mineralogy 10,754,500 common shares of Waratah Coal Inc., representing approximately 17.5% of the issued and outstanding Waratah common shares, on a fully-diluted basis. Under the terms of a share exchange agreement between the parties [...]

Indonesian lawmakers passed a new mining law Tuesday that will give the mineral-rich nation greater control over its resources, though analysts warn it could deter investment by multinational corporations.
Indonesia has some of the most abundant reserves of coal, copper, gold, tin and nickel and in the world has lured mining giants like Newmont Mining Corporation, [...]