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Atrum incorporates Elan project directly into portfolio, reverses decision to list

By: Dylan Slater     6th December 2017 ASX-listed coal miner Atrum Coal has reversed a decision to list its Canada-based Elan Coal properties on a stock exchange and, instead, will integrate the mining project directly into its portfolio 

Atrum declares maiden resource at Elan South

By: Esmarie Swanepoel     2nd November 2017 ASX-listed Atrum Coal’s wholly-owned subsidiary Kuro Coal has reported a Joint Ore Reserves Committee-compliant resource of 36-million tonnes at its Elan South area, within the Elan hard coking coal project, in Alberta. The resource includes a seven-million-tonne indicated resource and a... 

Atrum buys out JV partner Elan in Alberta

By: Esmarie Swanepoel     23rd August 2017 Coal miner Atrum Coal has entered into a share sale deed to acquire Canadian firm Elan Coal’s coal properties in Alberta. Atrum, through its subsidiary Kuro Coal Canada, in 2014 acquired a 70% interest in the Elan properties through a joint venture (JV) agreement, under which it spent... 

Atrum appoints Canada coal exec as new CEO and MD

By: Esmarie Swanepoel     17th August 2017 ASX-listed Atrum Coal has appointed Max Wang as its new MD and CEO, with Wang expected to assume his duties prior to the end of August. “We are pleased to advise our shareholders that after an extensive search, we have appointed Wang to lead the company as CEO and MD. Wang is an experienced coal... 

Atrum prepares for busy 2017

By: Esmarie Swanepoel     14th February 2017 Coal project developer Atrum Coal has revealed plans to advance its Groundhog North project, in Canada, during this year. The company on Tuesday said it plans to submit an application for a small mine permit this year, to enable Atrum to start commercial operations at a rate of 250 000 t/y. 

Atrum raises funds for Groundhog North

By: Esmarie Swanepoel     16th December 2016 Coal junior Atrum Coal will raise A$13.5-million through a share placement to institutional and sophisticated investors. The company on Friday reported that it will issue some 27-million shares, at a price of 50c each, to raise the funds. 

Atrum abandons ACG takeover

By: Esmarie Swanepoel     27th October 2016 Coal junior Atrum Coal has abandoned plans for a takeover of Atlantic Carbon Group (ACG), telling shareholders that the company did not have sufficient time to conduct a positive due diligence. Atrum in September approached ACG in relation to making a possible takeover offer for the shares issued. 

Jogmec joins Atrum’s anthracite search in Canada

By: Megan van Wyngaardt     29th August 2016 Australia-listed, but Canada-headquartered developer Atrum Coal and Japan Oil, Gas and Metals National Corporation (Jogmec) will jointly explore for anthracite in the southern part of the Groundhog coal field, in British Columbia. The joint venture (JV), which was announced by both companies in... 

Atrum to get its foot in the door with anthracite deal

By: Megan van Wyngaardt     11th August 2016 ASX-listed Atrum Coal has secured the supply of up to 100 000 t of anthracite though an option agreement with Atlantic Carbon Group (ACG) to its target customers in Europe, South America and Asia. The two parties will share profits generated by the sale of anthracite on a 50:50 basis, with the... 

Atrum, BC Anthracite bury the litigation hatchet

By: Samantha Herbst     14th July 2016 ASX-listed coal developer Atrum Coal has settled all litigation proceedings with former founders Russel Moran and Gino D’Anna, owners of new venture BC Anthracite. Atrum announced on Wednesday that the parties had reached a no-liability settlement, which would be dismissed by consent. Not only... 

Revised PFS for Atrum’s Groundhog complex includes low-cost starter mine

By: Samantha Herbst     9th June 2016 ASX-listed coal developer Atrum Coal is currently finalising a revise prefeasibility study (PFS) for its Groundhog North mining complex, in British Columbia, Canada, which now includes a staged approach to development, employing a low-cost starter mine producing 880 000 t/y ultrahigh-grade... 

Atrum adds to Groundhog North resource

By: Esmarie Swanepoel     14th August 2015 Coal developer Atrum Coal has reported an additional 407-million tonnes of resource at its Groundhog North project, in British Columbia. The resource estimate included 260-million tonnes of indicated resource and 147-million tonnes of inferred resource and was in addition to the 609-million... 

Atrum launches entitlement offer to raise cash

By: Esmarie Swanepoel     27th July 2015 Coal developer Atrum Coal plans to raise some A$5-million to enhance the value of its Groundhog project, in British Columbia. The company on Monday said it would undertake a one-for-17 nonrenounceable, pro rata entitlement offer, priced at 50c each to raise the cash. The offer would include one... 

Chinese firm to fund Atrum’s Groundhog mining equipment

By: Esmarie Swanepoel     5th May 2015 Coal developer Atrum Coal has signed a $100-million financing agreement with State-owned China Coal Technology & Engineering Group to fund mining equipment for the Groundhog project, in Canada. Stage 1 of the financing package includes the supply of roadheaders, mobile diesel equipment, conveyor... 

Atrum inks another offtake MoU for Groundhog

By: Esmarie Swanepoel     29th April 2015 ASX-listed Atrum Coal has signed another memorandum of understanding (MoU) over its Groundhog project, in Canada, this time with a specialist Korean anthracite trader. The coal developer said on Wednesday that the offtake MoU would allow the two companies to negotiate binding sales agency... 

Atrum raises cash for Groundhog North

By: Esmarie Swanepoel     28th October 2014 Coal developer Atrum Coal has raised A$8-million in a share placement to institutional and sophisticated investors, to supplement existing facilities. The shares were placed at a price of A$1.20 each, and the funds raised would supplement Atrum’s existing facilities to allow the company to... 

Atrum improves Groundhog North project economics

By: Esmarie Swanepoel     20th October 2014 Coal developer Atrum Coal has reduced the expected capital cost and increased the mine life of its proposed Groundhog North project, in Canada, after doubling the resource estimate earlier this month. ASX-listed Atrum on Monday reported that a supplementary prefeasibility study (PFS) into the... 

Atrum doubles Groundhog North resource

By: Esmarie Swanepoel     14th October 2014 ASX-listed coal developer Atrum Coal has doubled the Joint Ore Reserves Committee (Jorc) compliant resource at its Groundhog North prospect, in Canada. The project’s Jorc resource has now increased from the previous estimate of 305-million tonnes to 609-million tonnes, and included a measured... 

Creamer Media publishes Canadian Mining Roundup for September 2014 research report

     8th September 2014 This month’s roundup includes details of developer Atrum Coal’s acquisition of an additional 12 licences and one application from Anglo Pacific Group, covering about 10 235 ha; Canada’s federal and provincial Mines Ministers’ support for the Mining Association of Canada and the Prospectors and... 

Atrum completes consolidation in Canada

By: Esmarie Swanepoel     29th August 2014 Coal developer Atrum Coal has completed the final round of consolidation of coal licences in the Groundhog coal field, in British Columbia. The company on Friday reported the acquisition of an additional 12 granted coal licences and one coal licence application from Anglo Pacific Group,... 

Kuro Coal gains more ground in Canada

By: Esmarie Swanepoel     15th July 2014 Junior coal developer Kuro Coal has again moved to increase its footprint in British Columbia, this time acquiring ten coal licence applications contiguous with the existing Panorama anthracite project. ASX-listed Atrum Coal on Tuesday announced that its separately listed subsidiary had struck... 

Minesight Adds True Thickness Logic To Implicit Modeler

     24th June 2014 Coal modeling just got easier for MineSight users thanks to the introduction of true thickness logic to the Implicit Modeler. MineSight Implicit Modeler is a mathematical surface modeling tool, allowing geologists to rapidly build models and grade shells directly from drillholes. It avoids the... 

Atrum adds to Groundhog licences

By: Esmarie Swanepoel     18th June 2014 Coal hopeful Atrum Coal has increased the footprint of its Groundhog anthracite project, in British Columbia. The company on Wednesday told shareholders that it had been granted an additional four coal licenses over the project area, taking its Groundhog concession to 26 coal licenses and 11... 

Kuro adds to Panorama holdings

By: Esmarie Swanepoel     4th June 2014 Coal developer Atrum Coal on Wednesday announced that its subsidiary Kuro Coal had secured 13 additional contiguous coal license applications in the Panorama area, some 20 km west of its own Groundhog project, in British Columbia. The newly secured license applications were contiguous with the... 

Atrum Coal’s Canada project to cost $10bn, study shows

By: Esmarie Swanepoel     6th May 2014 A prefeasibility study (PFS) into coal hopeful Atrum Coal’s Groundhog anthracite project, in British Columbia, has revealed that the project would have a net present value of about A$2.1-billion. The underground operation was expected to deliver 5.4-milion tonnes a year run-of-mine (ROM) coal... 

Atrum in JV talks with Canada-focused spin-out

By: Esmarie Swanepoel     1st May 2014 Coal hopeful Atrum Coal has entered into joint venture (JV) discussions with subsidiary Kuro Coal to develop its Panorama project, some 20 km from the flagship Groundhog project, in British Colombia. Kuro is the spin-out company of Atrum and holds the company’s Canadian exploration assets,... 

Atrum to list Canada exploration assets on ASX

By: Esmarie Swanepoel     20th March 2014 Coal hopeful Atrum Coal on Thursday announced that it would spin out its exploration assets into a separate company named Kuro Coal, which it would list on the ASX. The exploration assets include the Naskeena anthracite project, the Peace River coal project, and the Bowron River coal project,... 

Atrum gets a bigger slice of the Groundhog pie

By: Esmarie Swanepoel     21st January 2014 Coal hopeful Atrum Coal has moved to increase its landholding in British Columbia by acquiring 11 coal license applications contiguous with its flagship Groundhog anthracite project. “We have increased our strategic dominance in what we believe is the best part of the coal bearing geology at... 

Atrum gets 5yr extension over Groundhog

By: Esmarie Swanepoel     11th October 2013 The British Columbian Ministry of Energy and Mines has granted a five-year extension to ASX-listed Atrum Coal over its flagship Groundhog project. The extension allowed Atrum to progress exploration work on its 15 licenses in the area, including the northern zone, where a bulk sample and test... 

Government change of guard boosts WA confidence

By: Esmarie Swanepoel     4th October 2013 The Western Australian resources sector was optimistic that the change in government would deliver more benefits, advisory firm Deloitte said on Friday. “Business and investor confidence has improved during the month, largely due to the expectation that the new federal government will reduce the... 

Atrum to list Canadian assets on ASX

By: Esmarie Swanepoel     18th September 2013 Coal miner Atrum Coal on Wednesday announced plans to spin-out its Canadian assets into a separately listed company. The Canadian assets, which include Naskeena, Bowron River and Peace River, would be separately listed on the ASX, with the accompanying initial public offering helping to raise... 

Groundhog scoping supports development - Atrum

By: Esmarie Swanepoel     27th August 2013 Coal developer Atrum Coal on Tuesday reported that a scoping study into its flagship Groundhog anthracite project, in British Columbia, suggested the project could be developed at low capital costs. For a capital investment of some $62-million, the project could deliver some 1.8-milion tonnes a... 

Atrum secures export capacity for Groundhog

By: Esmarie Swanepoel     30th July 2013 Coal developer Atrum Coal has secured some 1.5-million tonnes a year of export capacity with Stewart Bulk Terminals for its flagship Groundhog project, in British Columbia. Under a terminal services agreement and land reservation agreement, Atrum could export up to 1.5-million tonnes a year by... 

Atrum Coal appoints MD to progress Groundhog project

By: Natalie Greve     8th July 2013 ASX-listed junior Atrum Coal has appointed non-executive technical director Dr Eric Lilford as MD to take its 1.57-billion-ton Groundhog anthracite project through feasibility and into production. Lilford, a mining engineer with 25 years experience, has served Atrum as a nonexecutive director... 

Atrum peers at Canadian projects

By: Esmarie Swanepoel     3rd May 2013 ASX-listed developer Atrum Coal has secured an option over both the Adams and White Rabbit coking coal projects, in Canada. The projects covered some 8 315 ha and 12 561 ha respectively, and were located close to key infrastructure. Both projects were also immediately contiguous with the Gething... 

Atrum adds to Groundhog resource

By: Esmarie Swanepoel     3rd April 2013 Coal developer Atrum Coal has increased the Joint Ore Reserves Committee-compliant resource at its Groundhog project, in Canada, by some 460%. The ASX-listed company reported on Wednesday that the global coal resource for Groundhog stood at some 1.57-billion tons of measured resource, of which... 

Read about B2Gold’s merger with CGA Mining, Atrum Coal’s flagship Groundhog project, and other news in the Canadian Mining Roundup

By: Creamer Media Reporter      27th February 2013 The December 2012/January 2013 roundup includes details of the increased Joint Ore Reserves Committee-compliant resource at ASX-listed coal hopeful Atrum Coal’s flagship Groundhog project, in Canada; Canada’s Ivernia loan facility to restart operations at the Paroo Station lead mine, in Western... 

Groundhog coal resource larger than anticipated – Atrum

By: Esmarie Swanepoel     16th January 2013 ASX-listed coal hopeful Atrum Coal has increased the Joint Ore Reserves Committee-compliant resource at its flagship Groundhog project, in Canada, by 113% to 338-million tons. “With a major resource upgrade still to come over the next few months, the coal endowment at Groundhog is shaping up to... 

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