Gujarat NRE Minerals Limited
News
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.
Australian Market Report of September 6, 2010 includes; Lynas Corporation (ASX:LYC) significant increase in the Mineral Resource estimate for the deposit with elevated heavy Rare Earths oxides, Pike River Coal (NZE:PRC) second export shipment scheduled to depart Port of Lyttelton for India, Southern Uranium (ASX:SNU) has located new high-grade iron outcrops that further advance the iron ore prospects of the company and Jatoil Limited (ASX:JAT) entered into a Heads of Agreement to acquire significant coal assets in Kalimantan, Indonesia.
Pike River Coal Limited's (NZE:PRC) (PINK:PKRRF) second export shipment of approximately 20,000 tonnes of premium hard coking coal worth around $6 million is scheduled to depart Port of Lyttelton later today for India.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) has commenced railing coal from its rail loadout facility at Ikamatua on the South Island's West Coast to the Port of Lyttelton in preparation for its second export shipment of premium hard coking coal.
Pluton Resources Limited (ASX:PLV) advises that the first drill hole (CETD3) in the current drilling program at the Cethana tenement (EL29/2006) in North West Tasmania has been completed.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) advises that its NZ$90 million capital raising has been successfully completed today.
Pluton Resources Limited (ASX:PLV) is pleased to announce that a diamond rig is on-site, and drilling will commence this Thursday at Cethana (EL29/2006) in northern Tasmania, Australia.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) is making a renounceable pro rata rights issue (the Offer) to existing shareholders and optionholders of 45,454,545 million fully paid ordinary shares (New Shares). The Offer is to raise NZ$40 million (before offer expenses) and is fully underwritten.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) advises that applications for its NZ$10 million placement have been closed fully subscribed.
Pike River Coal Limited (NZE:PRC) (PINK:PKRRF) has announced details of the implementation of its NZ$50 million equityraising package. The package features a NZ$10 million placement of shares and an underwritten NZ$40 million renounceable pro rata Rights Issue to shareholders and optionholders.
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