TurkPower Corporation (OTCBB: TRKP) (the "Company") announced today that it is has entered a binding purchase agreement to purchase the Zavyalov Square of the Toguchino Coal Field ("Zavyalov") located in the Toguchino District of Novosibirsk Region, Russia.
Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(NYSE Amex:CDY)(FRANKFURT:CR5) announces that it has entered into a Letter of Intent ("LOI") with Anglo Pacific Group PLC ("Anglo Pacific") to acquire 100% of Trefi Coal Corporation ("Trefi"), a wholly owned subsidiary of Anglo Pacific which owns the Trefi Metallurgical Coal deposit in the Peace River Coalfield, northeast British Columbia, Canada.
Coal producers are benefitting from skyrocketing demand and improved pricing of late. Meanwhile, Coal shortages in China and India are directly assisting US exporters and have played a major role in the better pricing environment.
Alexander Molyneux, President and CEO of SouthGobi Resources Ltd. (TSX: SGQ)(SEHK: 1878) announced Wednesday that the company has set a new monthly record of 441,665 tonnes of coal shipped in August, representing a substantial increase over shipping levels in the second quarter of 2011.
Grande Cache Coal Corporation (TSX:GCE) ("Grande Cache Coal" or the "Corporation") is pleased to announce that it has received the amended mine permit and a new mine licence from the Alberta Energy and Resource Conservation Board ("ERCB") necessary to commence development of its new No. 12 South B2 underground operation. The Corporation has been assembling the necessary equipment, support facilities and infrastructure required for the new mining area, which is accessed from a previously mined area on the property.
CALGARY, ALBERTA--(Marketwire - July 21, 2011) - Grande Cache Coal Corporation (TSX:GCE) ("Grande Cache Coal" or the "Corporation") is pleased to announce that it has received the amended mine permit and a new mine licence from the Alberta ...
