Coalspur Mines Limited is pleased to announce that it has entered into a binding agreement with the Highland Park Group for a C$70 million loan facility. The purpose of the Facility Agreement is to provide the Company with substantial capital resources to commence detailed engineering on its flagship Vista Coal Project ('Vista') and pursue further [...]
Coalspur Mines is pleased to announce that the Company's largest shareholder, the Highland Park Group, has elected to exercise its option to purchase an additional 15 million ordinary shares in the Company at an exercise price of A$0.80 per share for gross proceeds of A$12.0 million through its affiliate Borrowdale Park S.A. The election follows [...]
-- Following the completion of a positive feasibility study on Vista, Highland Park has exercised its option to purchase an additional 15 million shares in the Company -- Following the exercise, Highland Park will own approximately 138.5 million shares, which represents approximately
Coalspur is pleased to present its quarterly report for the three months ending December 31, 2011. Highlights: Completed the final major technical study on the Company's flagship Vista Coal Project with the completion of Bankable Feasibility Study. A Bankable Feasibility Study is a comprehensive analysis of a project's economics (+/- 15% precision [...]
Coalspur Mines is pleased to announce the completion of a Bankable Feasibility Study(1) on the Company's flagship Vista Coal Project. The BFS follows a Pre-Feasibility Study which was completed in December 2010 and is the final major technical study that will be completed prior to the start of construction on Vista. The BFS was undertaken by [...]
-- Annual marketable coal production capacity of 11.2Mtpa, after ramp-up to full production, and a 30 year mine life on Vista at a 9.2:1 clean coal strip ratio -- Mine gate cash costs of C$27.3/t in the initial 10 years of production and C$34.4/t over life of mine -- Average
-- Proven and Probable Marketable Coal Reserves on Vista increase 20% to 313Mt from 260Mt -- Recoverable Coal Reserves increase by 8% to 566Mt -- Increase in Marketable Coal Reserves attributable to a larger pit limit, clean coal yield improvement and a refined mining and
TORONTO, Dec. 9, 2011 /CNW/ - Standard & Poor's Canadian Index Operations announces the following index changes as a result of the Quarterly S&P/TSX Composite Index Review. These changes will be effective at the open on Monday, December 19 ...
Sydney, Australia (ABN Newswire) - Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that it has further expanded its coal lease position in the Hinton region with the acquisition of an additional 7,296 hectares of Crown Coal Leases. The new leases are located approximately 10km northwest of Coalspur's flagship project, the Vista [...]
and Coalspur Mines Limited (Coalspur) announced today that they have signed a Memorandum of Understanding (MOU) under which they will develop a high-quality logistics supply chain to transport export thermal coal from Coalspur's Vista Coal Project (Vista) near Hinton, Alberta, to Western [...]
Perth, Australia (ABN Newswire) - Canadian National Railway Company (TSE:CNR) (NYSE:CNI) and Coalspur Mines Limited (Coalspur) (ASX:CPL) (TSE:CPT) announced today that they have signed a Memorandum of Understanding (MOU) under which they will develop a high-quality logistics supply chain to transport export thermal coal from Coalspur's Vista Coal [...]
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