TransAlta Corp has said that it intends to build a natural gas extension to its Sundance Coal Plant in Alberta. The combined cycle plant will replace the power generated by a coal fired generator at its facility near Edmonton.
Australian mining company Straits Resources is in talks with Thailand’s PTT Group for a coal deal. PTT is interested in a deal involving the coal mining assets of the miner. Straits Resources has not provided any details about the talks as yet.
Challenger Deep Resources Corp. (TSX VENTURE:CDE) announces that the initial exploration program on its recently acquired Tabang Coal Project in East Kalimantan, Indonesia (News Release October 19, 2010) will commence this week.
Gas exports from Queensland are facing opposition from environmental lobby groups. They want to prevent environmental risks at the world's first coal seam gas to LNG project. The protests have increased as the BG Group committed US $15 billion to build a liquefied natural gas plant at the Gladstone project.
Corsa Capital Ltd. (TSX VENTURE:CSO) has provided an update on the acquisition announced in the Corporation's press release dated August 17, 2010.
Arch Coal, Inc. (NYSE: ACI) today reported third quarter 2010 net income of $46.7 million, or $0.29 per diluted share, compared with net income of $25.2 million, or $0.16 per diluted share, in the prior-year period.
Thelon Capital Ltd. (TSX VENTURE:THC)(FRANKFURT:TFHC) has announced that the TSX Ventures has accepted for filing the Letter of Agreement to lease or purchase the Jellico Coal Project announced May 18, 2010.
Whitehaven Coal (ASX:WHC) has begun the formal process of hunting for potential bidders for the company. The shares in the company soared after the board of directors decided that any potential buyers would be given full access to the financial data of the company as part of the bidding process.
U.S. China Mining Group, Inc. (OTC Bulletin Board: SGZH), a Chinese leader in coal production and exploration in the People's Republic of China, today announced today that the Company will resume coal production at its Xing An mine in November 2010.
Blackgold International Holdings Ltd, a Chinese coal company is looking for a listing on the Australian Securities Exchange to raise $58.5 million. This would be the first Chinese mining company to float on a bourse outside Asia.
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