Homeland Energy Group Ltd., announces that GMR of India has elected not to exercise the third of three options to purchase 40% of Homeland Mining & Energy, South Africa for US$135 million. Homeland intends to repurchase GMR’s current 10% ownership in accordance with the terms of the option agreement, a value of US$30 million.
With this [...]
Galway Resources Ltd. announce that it has entered into an option agreement with Rio Tinto Mining and Exploration Corporation (Rio Tinto) to acquire 100% interest in nine coal concessions totaling 7,500 hectares, roughly 50% of the previously drilled San Louis Coal basin located in Santander, Colombia. The project will be known as Carboluis.
“We are pleased [...]
America West Resources, Inc., a domestic coal producer with mining operations in Central Utah, announced that it has entered into a loan agreement that provides for up to $2.8 million of funding pending the entry of a final confirmation order allowing its wholly owned subsidiary, Hidden Splendor, to emerge from bankruptcy.
The $2.8 million one-year term [...]
Homeland Energy Group Ltd., in conjunction with Homeland Energy & Mining, SA, held grand opening ceremonies for the Kendal Colliery yesterday at the Kendal site, approximately 90km east of Johannesburg earlier this week.
Following a tour of the mine and plant sites, as well as the new housing community Homeland has built for local residents, Deputy [...]
Massey Energy’s Superior Surface Mine was given a National Award for Excellence in Surface Mining by the U.S. Office of Surface Mining Reclamation and Enforcement (OSM) at the MINExpo 2008 sponsored by the National Mining Association in Las Vegas, NV.
Located in Logan County, WV, Superior was given one of four national awards for excellence in [...]
Alliance Resource Partners, L.P. announced that the board of directors of its managing general partner has approved the opening of a new mine for the immediate development of ARLP’s Tunnel Ridge reserves. The Tunnel Ridge reserve area encompasses approximately 9,400 acres of land located in Ohio County, West Virginia and Washington County, Pennsylvania and includes [...]
America West Resources, Inc., a domestic coal producer with mining operations in Central Utah, today announced that the Company has signed a Coal Supply Agreement with a major U.S. energy company providing for the delivery of bituminous coal mined from America West’s Horizon Coal Mine for use in a co-generation power plant based in California. [...]
EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]
America West Resources, Inc., a domestic coal producer with mining operations in Central Utah, is pleased to announce that the Company has officially commenced coal production in Section II of its Horizon mining operations.
“Expanding our mining operations into Section II represents a mission-critical milestone for our Company and one that we have worked very hard [...]
International companies have been asked to bid for a tender to extract coal in parts of Kitui and Mwingi districts.
The Ministry of Energy asked interested firms to bid for the last phase of the exploration in the Mui basin as part of efforts to determine the commercial viability of the reserves. This comes in the [...]
