Ncondezi Coal has announced its admission to trading on AIM, the commencement of dealings in its shares on AIM, and the successful raising of US$ 52 million for the company.
New Zealand coal miner, Solid Energy, plans to build an underground coal gasification plant on its Huntly West Coal Mining Licence area, Waikato. The plant, which is subject to approval of the relevant applications, will convert up to 30,000 t of coal into syngas and builds on 5 year’s of investigation by the company.