Home » Posts tagged with "Polo Resources"
Posts tagged with "Polo Resources"
Peabody Energy gets Winsway as new partner in Mongolian venture
Jul. 2 | Peabody Energy got a new partner in its Mongolian joint venture on 1st of July, as Winsway Coking Coal Holdings Ltd. exercised an option to buy out Polo Resources Ltd.’s 50% share. The three companies agreed in May to give Winsway the right to acquire...
Peabody completes agreement for Polo Resources JV in Mongolia
May. 11 | Peabody Energy announced that it has completed the acquisition of a 50% interest in Peabody & Polo Resources BV, a JV that holds Polo Resources Limited’s Mongolian coal interests. Peabody has committed to an investment of USD 23 million. The...
Polo Resources Mongolia projects contains 94 million tonnes of coal
Mar. 12 | Polo Resources released a technical report indicating its Union coal project in Mongolia, contains expected coal deposits of 94.7 million tonne. The report said that there is an additional 38.4 million tonne of coal believed to be available if mapped...
Polo Resources says Peabody to buy 50 pct in Mongolian JV
Jan. 28 | Jan 27 (Reuters) – Coal miner Polo Resources Ltd (3PO.L) said on Tuesday Peabody Energy Corp (BTU.N) agreed to acquire up to a 50 percent stake in a joint venture formed to hold its Mongolian coal and mineral interests, sending its shares up as...
UK’s Polo Resources finds ‘significant’ coal seam in Mongolia
Sep. 3 | Aim-listed Polo Resources has intersected a “significant” coal seam at its Hud prospect, in Mongolia, the company affirmed on Tuesday. The firm has completed a 1 029-metre, nine-hole appraisal drilling programme, in which all but one hole intersected...
Polo Resources says drilling starts at Val coal project in Mongolia
Aug. 20 | Thomson Financial reports that, LONDON (Thomson Financial) – Polo Resources Ltd. said drilling has begun at the Val coal project in Mongolia. The project covers 22,089 hectares and is located 262 kilometres west of one of the world’s largest...
Small but beautiful: Mongolian tests show coal in Gobi Desert
Aug. 19 | www.scotsman.com writes that, POLO Resources, the Aim-listed mining company, yesterday announced the first results from its drilling operations in the South Gobi region of Mongolia. The four initial diamond drill holes on its Hud Coal Project have struck...
Polo Resources finds coal at Hud site, Mongolia
Aug. 18 | Reuters reports that, Aug 18 (Reuters) – Natural resources investment and mining company Polo Resources Ltd (3PO.L: Quote, Profile, Research, Stock Buzz) on Monday said it intersected coal seams from the initial four diamond drill holes completed...
