Exploration & development

ASX-listed Tigers Realm Coal has raised AUS$15.4 million from existing shareholders in an entitlement offer of TIG shares.

British Colombia anthracite developers, Atrum Coal and BC Anthracite, have settled court proceedings.

Resource Generation has adopted a new execution strategy and mining plan for the Boikarabelo coal project in South Africa.

Anthracite developer, Atrum Coal, has signed a non-binding MoU with a European manufacture of specialised carbon products.

Ncondezi Energy and Shanghai Electric Power have signed a shareholders agreement term sheet on a recent visit to Maputo.

Kibo Energy has completed the mining definitive feasibility study for its Mbeya coal-to-power project in Tanzania.

Kibo Mining has completed the Water Availability Study for its Mbeya coal-to-power project in Tanzania.

The main work streams for the Mbeya coal-to-power project continue to progress.

Simon Bennison, Chief Executive, AMEC, has criticised the Queensland Government for forgetting the exploration sector in the 2016/2017 Budget.

Paringa Resources has finalised the CAPEX estimate for the construction and development of its Buck Creek No.2 mine, reducing the estimate by US$5 million.

Atrum Coal is preparing for site operations to extract bulk samples of anthracite at its Groundhog project in British Columbia.

Atrum Coal is to take a staged approach to development of the Groundhog North anthracite project.

Japan Oil, Gas and Metals National Corp. (JOGMEC) has formed a joint venture with Mitsui Matsushima to help fund development of the Eastern Coal project in Queensland.

The Triumph Creek coal project development agreements between Acacia Coal and Springsure Creak Coal have been terminated.

Indian conglomerate Adani could walk away from its giant Carmichael coal project if there are continued delays to the approvals process.