Edenville signs LOI with a customer to supply coal from Rukwa
Edenville Energy has signed a letter of intent with a customer to supply coal from the Rukwa coal project and has also purchased key mining equipment for the mine site.
Exploration & development
Paringa Resources begins pre-construction activities at Poplar Grove mine
Paringa Resources has begun exercising the options to acquire the surface property for the Poplar Grove mine site and refuse area.
Positive coal quality analysis results for Aspire’s Jan Karski mine
Aspire Mining has reported that coking coal quality results establish Jan Karski as a high value ultra-low ash coking coal mine.
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Nuurstei joint venture signs offtake agreement with Noble Group
The Ekhgoviin Chuluu Joint Venture (ECJV), tenement holder of the Nuurstei metallurgical coal project, has executed an offtake agreement with joint venture partner, Noble Group.
Aspire signs MoU agreement to mine and purchase coal to support Nuurstei project
Aspire Mining signs MoU agreement to mine and purchase coal to support Nuurstei coal project development.
Acacia receives notice of option to acquire Comet Ridge
Acacia Coal receives notice of exercise of option to acquire Comet Ridge.
Westpac decision on new coal basin developments
Westpac has ruled out to financing new coal basin developments in Queensland’s Galilee Basin, including the Adani Carmichael project.
Prairie agrees additional funding for Tier One premium coal projects
Prairie agrees additional funding from cornerstone investor CD Capital to accelerate its Tier One premium coal projects.
New Clydesdale Colliery ore reserves double to 58.24 million t
Universal Coal reports updated ore reserve of 58.24 million t for New Clydesdale Colliery in Mpumalanga Province, South Africa.
More Exploration & development news
Conceptual mining study confirms viable development of the Nuurstei project
Aspire Mining’s 50% owned Ekhgoviin Chuluu Joint Venture with the Noble Group receives a conceptual mining study for the Nuurstei coal project.
Significant progress achieved at Serowe Project
The company has farmed into approximately 273 000 acres in the Kalahari Basin CSG Fairway and has the opportunity to achieve a 75% working interest in the project.
Paringa Resources secures loan for Polar Grove coal mine
Paringa Resources has secured a fully underwritten five-year US$20 million project loan facility from Macquarie Bank Ltd to develop the Poplar Grove mine.
Stanmore Coal signs JESA agreement with JOGMEC
Stanmore Coal has announced a new Joint Exploration and Support Agreement with the Japan Oil, Gas and Metals National Corp. (JOGMEC).
Renewal of prospecting licenses for Tlou Energy
Tlou Energy Limited has announced that three of its key prospecting licences have been successfully renewed for a further two-year term.
Sese mining license granted
Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security has granted a mining license to African Mining’s Sese Joint Venture.