Clean Global Energy (ASX:CGV) Chairman and CEO, Mr John Harkins, has told Boardroom Radio that the binding Heads of Agreement with $US20B energy company, Essar (LON:ESSR), to commercialise Clean Global Energy's UCG expertise in India, is a "marriage made in heaven".
Symposium Managing Director Kerry Stevenson speaks to Investors regarding the Symposium Resources Roadshows for 2011. Companies to present in February include Kula Gold Limited (ASX:KGD), Eastern Star Gas Limited (ASX:ESG), Buccaneer Energy Limited (ASX:BCC) (PINK:BCGYF) and IPO company Archer Coal Limited.
Aspire Mining Limited (ASX:AKM) (PINK:ASPXF) has engaged a drilling contractor for the 2011 season and a drill rig is expected to be mobilised to site by the end of February 2011. Aspire have also received preliminary analysis of new drill data from the company's 100%-owned Ovoot Coking Coal Project in Mongolia which shows that the seismic geophysical program has successfully identified faulting basement and location of coal seams.
Mongolian-focused coking coal explorer Aspire Mining Limited (ASX:AKM) (PINK:ASPXF) announce that Phil Rundell will take on the role of Chief Financial Officer in addition to his current role as Company Secretary and the company has also appointed Fergus Campbell to the position of General Manager, Operations.
Australian Market Report of February 11, 2011 includes: Jervois Mining Limited (ASX:JRV) has received an independent laboratory test work report demonstrating the Nyngan resource's potential of large scale production of scandium-aluminum alloys; Brighton Mining Group Limited (ASX:BTN) announce further soil sample results from Antrong Gold Project; Iron Ore Holdings Limited (ASX:IOH) is to conduct a concept study for the Bungaroo South Project; MetroCoal Limited (ASX:MTE) has commenced drilling at Bundi Coal Project in south east Queensland.
Clean Global Energy Limited (ASX:CGV) has entered into a binding Heads of Agreement with Mumbai-based oil, gas and power multinational, Essar (LON:ESSR), to provide its UCG technology and expertise under a Technology Licence Agreement (TLA).
Australian Market Report of February 8, 2011 includes: Robust Resources Limited (ASX:ROL) has intersected near-surface high grade gold, silver and sulphide mineralisation in East Indonesia; Pharmaxis Limited (ASX:PXS) received approval for marketing Bronchitol in Australia to treat cystic fibrosis; St George Mining Limited (ASX:SGQ) announced new gold targets in Western Australia; Jatoil Limited (ASX:JAT) signed a deal to acquire coal assets in Queensland.
