Altitude Resources Inc. ("Altitude") is pleased to announce the start of a Two Phase 2015 exploration program on the Palisades and Palisades Extension coal properties as part of the Altitude / JOGMEC Joint Venture. On April 13, 2015 Altitude announced that it had entered into a Joint Exploration Agreement with Japan Oil, Gas and Metals National Corporation ("JOGMEC") to explore the Palisades Coking Coal Project.
Arch Coal, Inc. today announced that Mountain Coal Company's West Elk mine employees were honored with Colorado's top coal mine safety award and two state environmental awards at the 117th annual National Western Mining Conference and Exhibition in Denver.
Centaur Holdings Ltd ("Centaur"), a global investment holding company with interests and investments ranging from asset management, wealth management, private equity, venture capital, mining and natural resources and agricultural investments is pleased to announce that it has acquired two coal Prospecting Rights through one of its South African subsidiaries owned by Centaur Mining (the "Company ").
Morien Resources Corp., is pleased to announce it has entered into a definitive purchase and sale agreement with Kameron Collieries ULC, an affiliate of The Cline Group LLC, for the sale of Morien's 25% interest in the Donkin Coal Project in Cape Breton, Nova Scotia. Kameron currently holds a 75% interest in Donkin, having acquired it from Glencore PLC on December 3, 2014.
Prophecy Coal Corp. ("Prophecy" or the "Company") is pleased to announce that it has successfully acquired Apogee Minerals Bolivia S.A., ASC Holdings Limited and ASC Bolivia LDC (which hold ASC Bolivia LDC Sucursal Bolivia, the holder of Apogee Silver Ltd.'s ("Apogee") mining joint venture interest in the Pulacayo-Paca project) (collectively, the "Apogee Subsidiaries") from Apogee on the terms described in the Company's news release dated November 4, 2014.
Cliffs Natural Resources Inc. is pleased to announce that it has completed the sale of its Logan County Coal assets in West Virginia to Coronado Coal II LLC, an affiliate of Coronado Coal LLC, for $174 million in cash and the assumption of certain liabilities.
Patriot Coal Corporation today announced that it will permanently close the Highland Mine located near Henderson, Kentucky, and the Dodge Hill Mining Complex located near Sturgis, Kentucky, effective December 31, 2014. The Heritage preparation plant and barge loading terminal on the Ohio River will continue processing and shipping coal until inventories are depleted.
Patriot Coal Corporation today announced that it will idle the Highland Mine located near Henderson, Kentucky, and the Dodge Hill Mining Complex located near Sturgis, Kentucky effective December 29, 2014.
Altitude Resources Inc., on behalf of Elan is pleased to announce that it has completed the signing of a Limited Partnership Agreement ("the Agreement") with Kuro as previously announced on September 5, 2014. Kuro has the opportunity to acquire up to a 70% interest in the Elan Project upon successful completion of, amongst other exploration requirements, a feasibility study.
New Colombia Resources, Inc. ("New Colombia or the Company"), a U.S. company with coal and other resource assets in Colombia, is pleased to update shareholders on the progress of their mining operations. New Colombia is nearing completion of the development of its 1000 cubic meter per day rock quarry on their property.
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