Prophecy & Sojitz Corp. Sign Cooperation Agreement to Jointly Market Ulaan Ovoo Coal to China
Posted by admin on June 7, 2010 · Leave a Comment
Vancouver, British Columbia, June 7, 2010: Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY, OTC: PRPCF, Frankfurt: 3P1) and Sojitz Corporation of Japan have entered into an exclusive agreement to jointly market thermal coal from Prophecy’s 208 million tonne Ulaan Ovoo coal deposit to buyers in China. The agreement also covers Japan and Korea, provided [...]
Filed under Hot Metal Stocks · Tagged with coal, PCY.V, Prophecy Resource
Prophecy Completes Transportation Study On Its Ulaan Ovoo Coal Project And Tenders For Trucking Contracts From Mine Site To Railroad Offload
Posted by admin on June 4, 2010 · Leave a Comment
Vancouver, British Columbia, June 4, 2010: Prophecy Resource Corp. (“Prophecy” or the “Company”) (TSX-V:PCY, OTC: PRPCF, Frankfurt: 1P2) reports that it has received an independent transportation Study for trucking of coal from its proposed Ulaan Ovoo mining operations to Mongolia’s Sukhbaatar Railroad Station (Trans-Mongolian Railway) to fulfill secured capacity to transport a minimum of 1.5 [...]
Filed under Hot Metal Stocks · Tagged with coal, PCY.V, Prophecy Resource
Prophecy Contracts Leighton For Q3 Coal Production At Ulaan Ovoo, Mongolia
Posted by admin on May 11, 2010 · Leave a Comment
VANCOUVER, B.C. – May 11, 2010, : Prophecy Resource Corp. (TSX.V: PCY; OTC: PCYRF; Frankfurt: 1P2) announced today that it has entered into a Mine Services Agreement with Leighton Asia Limited for the infrastructure establishment, equipment leasing, and mining operation at the Ulaan Ovoo coal deposit in northern Mongolia.
Ulaan Ovoo site establishment will commence in [...]
Filed under Hot Metal Stocks, Hot Resource Stocks · Tagged with coal, PCY.V, Prophecy Resource
Red Hill and Prophecy Announce Completion of Merger, New Company to Trade on Monday Under ‘PCY.V’
Posted by admin on April 15, 2010 · Leave a Comment
VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 14, 2010) – Red Hill Energy Inc. (“Red Hill”) (TSX VENTURE:RH – News) and Prophecy Resource Corp. (“Prophecy”) (TSX VENTURE:PCY – News; OTCBB:PCYRF – News; FRANKFURT:3P1 – News) are pleased to announce that the merger of Red Hill and Prophecy (see joint Red Hill / Prophecy news, January 21, 2010) [...]
Filed under Hot Metal Stocks · Tagged with coal, lithium, PCY.V, Prophecy Resources, Red Hill Energy
Shareholders Of Prophecy And Red Hill Approve Merger
Posted by admin on April 12, 2010 · Leave a Comment
Vancouver, British Columbia, April 12, 2010: Prophecy Resource Corp. (“Prophecy”) (TSX-V:PCY, OTC: PCYRF, Frankfurt: 3P1) and Red Hill Energy Inc. (“Red Hill”) (TSX-V:RH) – (-collectively, “the Companies” or “new Prophecy” ) announce that their respective shareholders have approved merging the Companies by way of a Plan of Arrangement. The votes were tabulated during [...]
Filed under Hot Metal Stocks, Hot Resource Stocks · Tagged with coal, moly, nickel, PCY.V, Prophecy Resource, Red Hill Energy, RH.V
Prophecy Initiates Deep IP Survey and Bulk Tonnage Metallurgical Testing at Lynn Lake Nickel Sulphide Project
Posted by admin on March 24, 2010 · Leave a Comment
VANCOUVER, B.C. – March 24, 2010, : Prophecy Resource Corp. (TSX.V: PCY; OTC: PCYRF; Frankfurt: 3P1) is pleased to report on the following field exploration and metallurgical testing operations currently in progress on its Lynn Lake Nickel Sulphide Project located in Manitoba, Canada.
The Lynn Lake mine was operated by Sherritt-Gordon from 1953 to 1976 and [...]
Filed under Hot Metal Stocks, Hot Resource Stocks · Tagged with nickel, PCY.V, Prophecy Resource
