As previously announced, Bandanna Energy Limited (ASX:BND) is undertaking a transaction process to address the outcomes of the strategic review conducted earlier in the year. Non-binding indicative bids were due for submission by close of business on 4th May 2011.
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) (PINK:CSPZF) is pleased to announce that it has successfully completed its public offering of 24,000,000 ordinary shares of the Company at an issue price of C$1.85 per Ordinary Share for gross proceeds to the Company of C$44.4 million. This was announced to the market on April 13, 2011.
Australian coal explorer Bandanna Energy Limited (ASX:BND) is pleased to announce it has received Final Environmental Impact Statement Guidelines from the Commonwealth Government for its Arcturus and Springsure Creek projects located in Queensland's Bowen Basin.
Asian Activities Report for May 2, 2011 includes: East Energy Resources Limited (ASX:EER) announced a maiden JORC Indicated Resource of 469 million tonnes of thermal coal at its Blackall Coal Project in Central Queensland; Oilex Limited (ASX:OEX) advises that the La Rocca-1 well on the WA-388-P permit offshore Western Australia was spudded on 30 April 2011; PT ANTAM (Persero) Tbk (ASX:ATM) reported strong corporate results for the first quarter of 2011; Bioniche Life Sciences Inc. (TSE:BNC) (ASX:BNC) opened its new Animal Health and Food Safety Vaccine Manufacturing Centre in Canada.
Asian Market Report of April 29, 2011 includes: MUI Corporation Limited (ASX:MUI) said today that the acquisition of a coal project licence in Inner Mongolia is in line with the Company's medium to long-term strategies; Nexbis Limited (ASX:NBS) received official notification of accreditation for China Gas Tank Project; China Magnesium Corporation Limited (ASX:CMC) commences magnesium production; Blackgold International Holdings Limited (ASX:BGG) is to acquire a 100% interest in the Wushan Maojiawang Coal Mine in China.
Come and listen to the fascinating story behind the Gujurat coal mining arm, a member of the Gujurat NRE Group which has evolved significantly in recent years from a company mainly engaged in trading coal and coke processing into coking coal mining company with a resource of 560Mt; a growing coke processing capacity targeting 3Mtpa; wind power capacity of 87MW; an oil and gas exploration arm with major acreage in the central Canning basin; and several other interests.
Bandanna Energy Limited (ASX:BND) is pleased to advise that it has received the prefeasibility study for the South Galilee Coal Project from the project manager, AMCI. The PFS was compiled by mining and construction consultant Aurecon Hatch with contributions from over 20 additional specialist consultants with expertise in specific technical, legal and infrastructure fields.
