The Fort Hills Energy L. P. announced that it will defer the final investment decision on the mining portion of the Project until a cost estimate consistent with the current market environment can be established. The Partnership now anticipates making a final investment decision in 2009. The Sturgeon Upgrader portion of the Project will be [...]
Infinito Gold Ltd. announce that it has signed an engagement letter under which it has given BNP Paribas an exclusive mandate to act as lead arranger of a $US 66 million debt financing facility to complete the construction and start-up of Infinito Gold’s 100% owned Crucitas Gold Mine Project located in north central Costa Rica. [...]
The Fort Hills Energy Limited Partnership said today that the preliminary results from the Front-End Engineering and Design (FEED) work suggest that estimated costs for its Fort Hills Project (Project) have risen considerably. The Project, as currently conceived, consists of an integrated oil sands mine and bitumen extraction plant 90 kilometres north of Fort McMurray, [...]
North American Gem Inc. wishes to clarify the following details on its previous announced MOU to acquire Appalachia Coal Corp (ACC).
NAG wishes to clarify that the 20,000 acres being acquired from ACC hosts an exploration target which is anticipated to host in excess of 100 million tons of coal. While there has been substantial work [...]
North American Gem Inc. announce that it has signed a Memorandum Of Understanding with Appalachia Coal Corporation, a private company with advanced stage coal interests in West Virginia.
ACC currently controls approximately 20,000 acres of coal leases in West Virginia that are in various stages of permitting. Several different coal seams run on ACC’s properties [...]
Cabo Drilling Corp. announces that New Millennium Capital Corp. of Calgary, Alberta, has awarded Cabo’s Ontario division a contract for up to 10,000 meters of reverse circulation drilling on New Millennium’s DSO (Direct Shipping Ore) projects near Schefferville, Quebec.
New Millennium’s 2008 summer drilling program, intended to upgrade New Millennium’s historical resources to NI 43-101 standards, [...]
Oromin Explorations Ltd. is pleased to announce the receipt of an independent report (the “Santa Rosa Evaluation”) from Aeon Exploration Inc. of Calgary, Alberta (”Aeon”) that provides an evaluation of prospective resources with respect to its 100% owned CCyB-9 Santa Rosa exploration permit and exploitation concession on a property located in the Cuyana Basin in [...]
ALIX RESOURCES CORP. is pleased to announce that it has submitted coal permit applications encompassing approximately 91,054 acres adjoining North American Gem’s acquisition announced today (May 14, 2008), west of Hudson Bay, Saskatchewan.
This highly prospective area is highlighted by the recent discovery by Goldsource Mines Inc. (Goldsource), in western Saskatchewan and now the discovery of [...]
Synenco Energy Inc. (TSX: SYN - News) today advised that Todd Newton, President and Chief Operating Officer, will speak at the 2007 CAPP Oil and Gas Investment Symposium. Mr. Newton will speak on Tuesday, June 19, 2007 at 4:15 p.m. and Wednesday, June 20, 2007 at 3:50 p.m. (Mountain Time) at the Hyatt Regency Hotel [...]
Grande Cache Coal Corp. says its fourth-quarter loss widened to $4.7 million from a year-ago $2.6 million as revenue fell to $13.8 million from $27 million amid transport problems.
Bad weather, a labour dispute and track disruptions during the quarter restricted the amount of coal that could be moved to the port by CN Rail (TSX:CN), [...]
