Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that Mr Colin Steyn has been appointed as a Non-Executive Director of the Company. Mr Steyn has over 30 years experience in the resources sector. His appointment follows the recently completed placements to the Highland Park Group who have become a strategic investor in the Company.
Nick has over 30 years experience in the industry - most recently Vice President -Exploration for Inco Limited, formerly the world's second largest producer of nickel. Prior to that Nick was the Global Exploration manager for MIM Holdings Limited, after being initially employed by MIM as Chief Geophysicist.
Australian Market of September 9, 2010 includes; Condor Nickel Limited (ASX:CNK) exploration drilling continues to indicate the potential for a significant iron ore resource, Mirabela Nickel Limited (ASX:MBN) has priced an institutional bookbuild to raise US$165 million, IMX Resources Limited (ASX:IXR) has reported new nickel-copper intersections from the Nachingwea project and Aspire Mining Limited (ASX:AKM) initial raw coal quality testwork results continue to confirm high quality coal at Ovoot.
Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to present its March 2010 quarterly report.
Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that it will make a placement to the Highland Park Group who will become a strategic investor in the Company. The placement will significantly strengthen the Company's financial position as well as provide access to Highland Park's substantial resource management skills and also greatly assist in lifting the Company's profile in North American markets. Funds from the placement will enable the Company to accelerate the development of its Hinton Coal Project based in Alberta, Canada and pursue related new business development opportunities.
Yesterday the Australian market closed higher led by resources sector as Chinese Premier Wen Jiabao said the Chinese government will increase spending to boost the economy and achieve an 8% growth target this year. It raised the expectations that China's stimulus measures will prompt the demand for resources. The benchmark S&P/ASX200 index was up 22.1 points, or 0.7 per cent, to 3,188.5, while the broader All Ordinaries index rose 22.9 points, or 0.73 per cent, to 3,148.8.
Yesterday the Australian share market was closed in thin trading. The benchmark S&P/ASX200 index ended down 26.8 points, or 0.7%, at 3687. The All Ordinaries index gained 16.8 points, 0.5%, to 3638.9. Market is expected to follow the US trends, but the rising oil and commodities prices may give resources sector a push.
MIRABELA NICKEL LIMITED Interview with Nick Poll, MD - Mirabela Nickel Limited; Boardroomradio is pleased to announce that MIRABELA NICKEL LIMITED (ASX: MBN) has published an audio file. The following
