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Exploration & development

 

Aspire cuts mining cost estimates at Ovoot

Mining costs estimated for the Ovoot metallurgical coal project in Mongolia have fallen 22% following a review of a 2012 pre-feasibility study.

 
 

NCC development awaits coal supply agreement

Development at Universal’s NCC coal project is awaiting on a coal supply agreement with state utility Eskom before moving the mine can move to production.

 
 

A week in coal: 18 – 22 January 2016

A round-up of some of this week's key news items from the international coal industry, from outlooks on the US government implementing a halt on coal leases to an innovative concept to deploy CCS in the Europe.

 
 
 

Cokal extends share suspension from ASX

Australian coal development company has asked for an extension to its suspension from the ASX to continue negotiations with potential buyers.

 

Acacia Coal restructures board of directors

Australian coal exploration and mine development company, Acacia Coal, has announced a restructuring of its board of directors in efforts to reduce costs.

 

Nuurstei drilling programme 2015 coal quality results

Aspire Mining has announced that the Nuurstei coal project in Mongolia has received proximate analysis from core samples taken from the Ekhgoviin Chuluu Joint Venture’s 2015 exploration programme.

 
 

Chinese investment agreed in Makhado project

Chinese industrial conglomerate, Qingdao Hengshun Zhongsheng Group (Hengshun), has signed an MoU with Coal of Africa to acquire a 34% stake in the Makhado coal project in South Africa.

 
 

Drayton South extension rejected by PAC

The New South Wales Planning Assessment Commission has rejected Anglo American’s proposed Drayton South expansion project over fears over the impact it would have on two of the region’s horse studs.