Challenger Deep Resources Corp. (TSX VENTURE:CDE) announces that the initial exploration program on its recently acquired Tabang Coal Project in East Kalimantan, Indonesia (News Release October 19, 2010) will commence this week.
Gas exports from Queensland are facing opposition from environmental lobby groups. They want to prevent environmental risks at the world's first coal seam gas to LNG project. The protests have increased as the BG Group committed US $15 billion to build a liquefied natural gas plant at the Gladstone project.
Corsa Capital Ltd. (TSX VENTURE:CSO) has provided an update on the acquisition announced in the Corporation's press release dated August 17, 2010.
Arch Coal, Inc. (NYSE: ACI) today reported third quarter 2010 net income of $46.7 million, or $0.29 per diluted share, compared with net income of $25.2 million, or $0.16 per diluted share, in the prior-year period.
Thelon Capital Ltd. (TSX VENTURE:THC)(FRANKFURT:TFHC) has announced that the TSX Ventures has accepted for filing the Letter of Agreement to lease or purchase the Jellico Coal Project announced May 18, 2010.
Whitehaven Coal (ASX:WHC) has begun the formal process of hunting for potential bidders for the company. The shares in the company soared after the board of directors decided that any potential buyers would be given full access to the financial data of the company as part of the bidding process.
U.S. China Mining Group, Inc. (OTC Bulletin Board: SGZH), a Chinese leader in coal production and exploration in the People's Republic of China, today announced today that the Company will resume coal production at its Xing An mine in November 2010.
Blackgold International Holdings Ltd, a Chinese coal company is looking for a listing on the Australian Securities Exchange to raise $58.5 million. This would be the first Chinese mining company to float on a bourse outside Asia.
Puda Coal, Inc. (NYSE Amex: PUDA), a supplier of high grade metallurgical coking coal used to produce coke for steel manufacturing in China and a consolidator of twelve coal mines in Shanxi Province, today announced that Shanxi Puda Coal Group Co. Ltd., a 90% subsidiary of Puda Coal, entered into separate mining rights and mining assets transfer agreements with two coal mines located in Pinglu County, Shanxi Province, on October 20, 2010, Pinglu County Sanmenzhen Xuhutuo Coal Mine Ltd. and Pinglu County Daqi Coal Mine Ltd.
Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended September 30, 2010.
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