Atrum Coal provide the latest presentation on the Groundhog North Underground Mine, showing the optimised PFS has yielded further compelling results. The highlights from the presentation are: - Worlds largest undeveloped anthracite deposit 1.57Bt - Low capital intensity ($110/tac) - Globally competitive operating costs - Very low capital cost [...]
Atrum Coal is pleased to announce that it has intersected significant net anthracite in this year's regional drilling program at the Company's flagship Groundhog Anthracite Project, located in British Columbia. Executive Chairman, Mr James Chisholm commented: "Regional drilling has confirmed significant anthracite on both the eastern side [...]
Atrum Coal is pleased to announce an upgrade to the JORC anthracite resources at the Company's flagship Groundhog Anthracite Project, located in British Columbia, Canada. Executive Chairman, Mr James Chisholm commented:"Our development strategy is simple - we plan to sell down a minority equity stake in Groundhog North in return for complete [...]
Kuro Coal Limited ("Kuro" or the "Company") is pleased to announce that following First Nations and community consultation, the Company has received four coal licences in the Peace River Coalfield, British Columbia, Canada. Kuro Coal is a wholly owned subsidiary of Atrum Coal and will be separately listed on the ASX under the code "KCO" following [...]
Major milestones achieved during the development of Atrum Coal 1.57 billion tonne Groundhog Anthracite Project over 2014 included the completion of a Pre-Feasibility Study, which demonstrated robust economics for a peak 5.4Mtpa run-of-mine underground operation at Groundhog. The PFS demonstrated that pre-production costs at Groundhog would be [...]
Atrum Coal is pleased to announce a number of key Board and senior management appointments. Commenting on the appointments, Executive Director Mr Russell Moran stated: "We are pleased to welcome Theo to help spearhead our financial strategy at a time when we are negotiating anthracite offtake and project finance. Theo has an enviable reputation in [...]
Atrum Coal advises that it has issued 1,000,000 fully paid ordinary shares to satisfy the Company's obligations pursuant to the Licence Acquisition Agreement between Anglo Pacific PLC, Panorama Coal Corporation, Kuro Coal Panorama Inc. and Atrum Coal Groundhog Inc. These securities are subject to 18 months escrow from the date of issue, with [...]
Kuro Coal Limited, a wholly owned subsidiary of Atrum Coal, which is to be separately listed on the ASX under the code "KCO" following an Initial Public Offering, is pleased to announce it has agreed to acquire up to a 70% interest in the Elan Coking Coal Project located in Alberta, Canada.The acquisition will take place through a joint venture [...]
Atrum Coal is pleased to announce it has acquired a large package of granted coal licences and one coal licence application from Anglo Pacific Group. Executive Director, Mr Russell Moran said: "The Groundhog coalfield in British Columbia, Canada boasts the world's largest high grade and ultra-high grade anthracite endowment and we now own all [...]
Atrum Coal is pleased to announce the appointment of Mr Steven Boulton to the Board as a Non-Executive Director. Commenting on the appointment, Chairman Mr James Chisholm stated: "Having recently completed a successful trial of the ship loader at Stewart Bulk Terminal with high grade anthracite, it is timely that we welcome Steve to the team. He [...]
Atrum Coal is pleased to announce that VP Marketing and Business Development, Peter Doyle has participated in an interview on Boardroom Radio. Mr Doyle discusses the anthracite marketing strategy for the Company's flagship Groundhog Anthracite Project in British Columbia. The interview can be accessed from 10:30am AEST through Boardroom Radio [...]
"It has been two short years since Atrum was publicly listed and we are excited to report a successful trial of the ship-loader at the Stewart Bulk Terminal in the Port of Stewart. As the project starts to gather pace, this is a significant milestone in proving our logistics chain and we are looking forward to completing customer sample loads later [...]
