Archive for the " Coal Mining " Category

Fording Canadian Coal Trust Announces Agreement to Sell All of Its Assets to Teck Cominco- Unitholders to Receive $14.1 Billion

July 29th, 2008
Fording Canadian Coal Trust Announces Agreement to Sell All of Its Assets to Teck Cominco- Unitholders to Receive $14.1 Billion

Fording Canadian Coal Trust announced that it has entered into an agreement to sell all of its assets to Teck Cominco Limited by way of a plan of arrangement, pursuant to which Fording unitholders will receive $93.76 per unit payable in a combination of US$82.00 cash and 0.245 of a Teck Cominco Class B [...]

RSM Has Acquired a 100% Interest in a Coal Project in Eastern Kentucky

July 29th, 2008
RSM Has Acquired a 100% Interest in a Coal Project in Eastern Kentucky

Royal Standard Minerals Inc., RSM has acquired a 100% interest in a surface mine coal project in Wolfe County, Kentucky. This transaction closed on July 28, 2008. The transaction cost was $431,000 to include $250,000 to acquire the project and $181,000 reclamation bond to cover the state of Kentucky reclamation requirements for this property. The [...]

Mechel Announces an Accident at Its Southern Kuzbass OAO Subsidiary’s Lenin Mine

July 29th, 2008
Mechel Announces an Accident at Its Southern Kuzbass OAO Subsidiary’s Lenin Mine

Mechel OAO, one of the leading Russian mining and metals companies, announces that a flash of methane has occurred at its Southern Kuzbass OAO coal subsidiary’s Lenin Mine.
Today at 11:03 a.m. local time (7:03 a.m. Moscow time), a flash of methane occurred at Southern Kuzbass OAO’s Lenin Mine (Mezhdurechensk, Kemerovo Region), while repair work was [...]

Silver Fields Resources Inc. Applies for Additional Saskatchewan Coal Permits

July 29th, 2008
Silver Fields Resources Inc. Applies for Additional Saskatchewan Coal Permits

Silver Fields Resources Inc. announces that the Company has made application for additional coal permits covering 9,600 hectares southwest of Wapawekka Lake and southeast of Lac La Ronge near the intersection of Highways 165 and 912, in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting of the permits is dependent [...]

WestCan Uranium Corp. Applies for Additional Saskatchewan Coal Permits

July 29th, 2008
WestCan Uranium Corp. Applies for Additional Saskatchewan Coal Permits

WestCan Uranium Corp. announces that the Company has made application for additional coal permits covering 9,600 hectares southwest of Wapawekka Lake and southeast of Lac La Ronge near the intersection of Highways 165 and 912, in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting of the permits is dependent upon [...]

Mainstream Minerals Applies for Coal Permits Near Hudson Bay, Saskatchewan

July 29th, 2008
Mainstream Minerals Applies for Coal Permits Near Hudson Bay, Saskatchewan

Mainstream Minerals Corp. is pleased to announce that the Company has submitted a number of coal permit applications encompassing approximately 45,546 acres just West of Hudson Bay, Saskatchewan. A recent coal discovery by Goldsource Mines Inc. has attracted a lot of attention around this area.
The Company will keep the shareholders aware of any progress made [...]

Peabody Energy to Acquire Remaining Metallurgical Coal Ownership in Millennium Mine

July 28th, 2008
Peabody Energy to Acquire Remaining Metallurgical Coal Ownership in Millennium Mine

Peabody Energy announced today that it has reached agreement to acquire 15 percent of the Millennium Mine in Queensland, Australia, and intends to acquire the remaining 0.5 percent ownership in the near future.
The company currently owns 84.5 percent of the operation, and intends to purchase the remaining equity interest following regulatory approvals. The Millennium Mine [...]

CONSOL Energy and Synthesis Energy Systems Announce Funding of Front-End Engineering Design Package for West Virginia Coal Gasification Project

July 28th, 2008
CONSOL Energy and Synthesis Energy Systems Announce Funding of Front-End Engineering Design Package for West Virginia Coal Gasification Project

CONSOL Energy Inc., the nation’s largest producer of bituminous coal, and Synthesis Energy Systems Inc., a global industrial gasification company, intend to develop through a joint venture their first U.S. coal gasification and liquefaction plant to be located in West Virginia. CONSOL (through its subsidiary Terra Firma Company) and SES have formed Northern Appalachia Fuel [...]