Morien Resources Corp. applauds the Nova Scotia Government's strong support for the province's natural resource industry as part of its economic development initiatives. Nova Scotia's Premier Tim Houston sent a letter to his caucus on January 21, 2025, which was later released to the general public, outlining how he intends to govern during his newly elected second term. The Premier expressed a need to make the province [...]
Morien Resources Corp. is pleased to provide the following corporate and project update to its shareholders and investors. Donkin Coal Mine Since the Donkin Coal Mine's idling during the fourth quarter of 2023, Morien has taken an active role in advocating and assisting in numerous initiatives to reopen the Mine. These initiatives have targeted the broader public, government officials and local politicians. Morien [...]
Morien Resources Corp. is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual and Special Meeting of Shareholders held in Halifax on June 20, 2024. Election of Directors The number of directors was set by the Board at four, with John Budreski, Dawson Brisco, Mary Ritchie, and Beau White re-elected to the Company's Board for the ensuing year. Following [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. The Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Donkin Mine , concluded its review of an independent engineer's report on tunneling and ground control plans at Donkin. As stated by LSI - "After a [...]
Morien Resources Corp. , is pleased to announce that the TSX Venture Exchange accepted the Company's notice of intention to renew its normal course issuer bid to purchase outstanding common shares of Morien on the open market in accordance with the policies of the TSX-V. Pursuant to the NCIB, Morien may acquire up to 3,614,320 common shares, representing approximately 10% of the public float of Morien as of January 30 [...]
Morien Resources Corp. , announced today that the Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Donkin Mine , upon which Morien has a 2% to 4% royalty interest, has lifted the Mine's Stop Work Order . The SWO was in effect since July 15, 2023. According to LSI, Kameron Collieries , owner and operator of the Donkin Mine, has met the Phase 1 requirements to lift the SWO [...]
Morien Resources Corp. , announced today its Board of Directors has made the decision to suspend the Company's quarterly dividend until further notice. The Board's decision is based on maximizing financial flexibility in an environment of continuing regulatory uncertainty surrounding the fate of the Donkin Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. The Nova Scotia Department of Labour, Skills and Immigration , a provincial regulator for the Mine, held a press conference yesterday afternoon to report on the findings of an independent engineer contracted by DOL in September to complete a [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries , upon which Morien has a 2% to 4% royalty interest. In consideration of a 118-day long Stop Work Order , in effect since July 15, 2023, Kameron has made the decision to lay off the remaining hourly workforce at the Mine and to place the operation into an idled state with no timeline to resume [...]
Morien Resources Corp. , is pleased to announce that Vulcan Materials Company , owner of the Black Point Quarry Project in Guysborough County, Nova Scotia, is now advancing the Project. Vulcan has indicated a tentative, directional time goal of 18-months to complete various permit-related monitoring plans and commitments as outlined in the Project's approved environmental assessment. Morien owns an industry competitive [...]
Morien Resources Corp. , today provides an update on the Donkin Coal Mine in Nova Scotia, owned and operated by Kameron Collieries LLC , upon which Morien has a 2% to 4% royalty interest. On September 27, 2023, the Nova Scotia Department of Labour, Skills and Immigration , the province's regulator for the Mine, announced that an independent engineer has been contracted by DOL, via a 30-day contract, to complete a [...]
Morien Resources Corp. , is pleased to announce that its Board of Directors has declared a dividend of $0.0025 per common share for the third quarter of 2023. The dividend will be paid on September 28, 2023, to shareholders of record at the close of business on September 12, 2023. Morien's quarterly dividend is intended to be step-variable in relation to Donkin Mine production expansion and coal price, having regard for [...]
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