Tasman drilling update from Norra Karr REE project, Sweden

Tasman Metals Ltd. Mr Mark Saxon, President and CEO, provides an update on developments regarding the Company’s 100% owned Norra Karr Rare Earth Element (REE) project. The drill program currently underway is nearing its conclusion with approximately 80 per cent of the program completed. In addition, a collaborative research project has been initiated, under the guidance of renowned REE expert... 

Tag: drilling for nepheline syenite, north american ree mining, tasman metals norra, norra karr, norra karr rare earth element ree zirconium zr project in

Stans Energy Corp. Acquires Former Producing Kutessay II Rare Earth Mine

Stans Energy Corp. acquired 100% of the Kutessay II deposit along with 100% of the Kalesay Beryllium deposit from the Government of Kyrgyzstan for $855,000 US by acquiring 100% of “Kutisay Mining” on the Central Asian Stock Exchange. Stans Energy Corp. has commenced a feasibility study on restarting production at Kutessay II. A NI 43-101 report will be done in conjunction with the feasibility... 

Tag: stans energy corp resource world, kyrgyzstan rare earth production, rare earth mines russia, kutessay ii, stans group mining industry kyrgyzstan

SouthGobi Energy Resources and Glencore International AG Sign Marketing Agreement

Alexander Molyneux, President of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, announced today that an agreement has been signed with Glencore International AG to provide SouthGobi with coking coal marketing expertise and river barging/vessel loading logistical services for SouthGobi’s Mamahak coal project in East Kalimantan, Indonesia. “We have developed Mamahak... 

Tag: glencore international coal, pt glencore, glencore ivanhoe, mamahak batubara, glencore nickel in

Rex Energy Corporation Completes Sale, Nets $17.3 Million

Rex Energy Corporation announced that it has closed on the sale of its Southwestern Region assets for net cash proceeds of approximately $17.3 million, subject to any final closing adjustments. The sale to Adventure Exploration Partners, LLC of Midland, Texas consisted of properties in Texas and New Mexico, predominately located in the Permian Basin. The sale of these non-core assets was part of Rex... 

A$17.8 Million Recommended Takeover Offer by Paladin Energy Ltd for Fusion Resources Limited

Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,... 

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KAL Thermal Coal Resource Increased to 248 Million Tonnes

KAL Energy, Inc., a thermal coal explorer and developer, announced the publication of an updated JORC Compliant Resource Statement on its Graha Panca Karsa concession (Block 24) in East Kalimantan, Indonesia. William Bloking, Executive Chairman and President of KAL Energy, Inc. said, “We are delighted to report not only a significant increase in the overall size of the Graha resource, but also... 

Continental Energy Acquires Interest in New Block in Indonesia

Continental Energy Corporation announced that it has acquired an interest in a new production sharing contract in Indonesia. Pursuant to a joint bid agreement with Adelphi Energy Limited and GeoPetro Resources Company, the group’s joint venture company, ACG (South Bengara-II) Pte. Ltd., signed a new PSC for the South Bengara-II block. Continental’s wholly owned subsidiary, Continental... 

Tag: new block for ebergy

Repsol Now Applying Advanced Seismic Imaging Technology to Energy Exploration in Gulf of Mexico and Brazil

Repsol YPF, an international integrated oil and gas company operating in over 30 countries, today announced that the company’s advanced seismic imaging project — Kaleidoscope — has begun exploration operations in the Gulf of Mexico and Brazil. Kaleidoscope is powered by reverse-time migration (RTM), a sophisticated subsurface imaging tool whose potential is accepted by the oil industry,... 

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SouthGobi Energy Resources Confirms High Quality Metallurgical Coking Coal at the Mamahak Coal Project in East Kalimantan, Indonesia

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the company has received independent laboratory analysis of a recent bulk sample that confirms high volatile, high-fluidity metallurgical coking coal at the Mamahak coal project in East Kalimantan, Indonesia. SouthGobi owns 85% of the Mamahak coal... 

Tag: mamahak coal mining location, mamahak coal mining, coking coal, south gobi thermal coal, pt multi mamahak

KAL Energy Enters Into Amended Royalty Agreement

KAL Energy, Inc., a thermal coal explorer and developer, today announced that it has successfully amended the terms of its royalty agreement with Concord International. Under the terms of the new agreement, the Company will pay royalties as follows: 1. For all coal sales under $40 per metric ton the royalty is reduced from $0.40 per metric ton, indexed annually with inflation, to $0.20 per metric... 

Tag: royalty agreement for coal product, royalty amended, royalty agreement tonnage, east kal supply base company, kal energy concord international royalty agreement