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
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 [...]
EDMONTON and CALGARY, Nov. 9, 2011 /CNW Telbec/ - CN
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, Alta., to Western [...]
PERTH, Western Australia, Nov. 4, 2011 /CNW/ - Coalspur Mines Limited ('Coalspur' or 'Company')
advises that the Company's Notice of Annual General Meeting lodged with ASX on 24 October 2011 and filed on SEDAR on 25 October 2011 contained a typographical error in the wording of Resolution 8 on page 4. The reference to 'A$650,0000' is incorrect [...]