coal mining financing

Results 1 - 10 of about 28 news for the search terms: coal mining financing.

Western Canadian Coal Agrees to Provide Loan Facility to Cambrian Mining

January 2nd, 2009

…  Canadian Coal Corp announces that it has entered into an agreement dated December 31, …  Limited (”CIH”), a wholly-owned subsidiary of Cambrian Mining Plc (AIM: CBM) (”Cambrian”), the Company’s major shareholder. The Loan will be used to repay CIH’s existing indebtedness under a financing facility with Investec Bank (UK) Limited. The Loan will be …

Mechel Obtains Credit Lines From VTB Bank

December 4th, 2008

…  OAO, one of the leading Russian mining and metals companies, announces that VTB Bank has provided the Company …  15 billion rubles for Yakutugol OJSHC, Southern Kuzbass Coal Company OAO and CMK OAO, subsidiaries of Mechel. The credit facilities …  Bank will be engaged as one of the leading institutions in financing Mechel’s current investment activities and in servicing the Company’s …

Cantex announces option agreement with Vale

November 20th, 2008

…  stated aim is to promote foreign investment in the mining sector to the current level of investment that has been attained by the …  Vale also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products. To support its growth …

Kalimantan Gold Signs Option on Coal Opportunity

November 17th, 2008

…  an Option Agreement with PT Indobara Pratama to bring the coal deposit on IBP’s 100%-owned coal KP into production and acquire up to an …  geologist with over 18 years experience in exploration and mining and has more than 12 years experience in Indonesia in various …

Pala Commends Positive Steps Taken by Coalcorp

November 12th, 2008

…  steps announced today by the board of directors of Coalcorp Mining Inc. to increase the independence and strength of the board. Coalcorp …

Kalimantan Gold Plans Private Placement

October 17th, 2008

…  from the private placement to fund its ongoing gold and coal exploration programs in Indonesia, as well as general working capital …  mineral asset is currently being reviewed by a major mining company as a step towards a potential joint venture. As announced on …

America West Resources Enters Into $3 Million in Debt and Equity Financing

October 14th, 2008

…  West Resources, Inc., a domestic coal producer with mining operations in Central Utah, announced that it has entered into a loan …  America West’s Chief Executive Officer, stated, “This financing marks another key step forward in America West’s efforts to achieve …

Compliance signs definitive agreements with West Fraser Mills Ltd. and with ITOCHU Corporation and LG International Corp.

September 2nd, 2008

…  with West Fraser Mills Ltd. (”WFM”) and with I-Comox Coal Inc,. a wholly owned subsidiary of ITOCHU Corporation and LG International …  to be the Manager and the Operator of any joint venture mining project located within the Comox Basin Holdings and for the Parties to …

Homeland Energy to Purchase US-Based Appolo Fuels and Diversified Energy for US$105-Million

August 27th, 2008

…  of Appolo Fuels, Inc., owner and operator of the Appolo coal mine and Diversified Energy, Inc., the associated coal marketing firm, of …  Homeland Energy Group Ltd. Mr. Nell, a professional mining engineer and “Qualified Person” as defined under National Instrument …

Homeland Receives Rand 150-Million Debt Finance Facility Approval from Nedbank Capital for its South African Subsidiary

August 22nd, 2008

…  new box cut and additional pre-stripping and as the Eloff Coal Project continues in the pre-feasibility stage, Homeland Mining & Energy SA will have access to all the necessary financing to complete …


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