INTERNATIONAL COAL NEWS

North American Gem snags more permits

CANADIAN junior exploration company North American Gem said Monday it has obtained 137 more coal ...

Donna Schmidt

This article is 17 years old. Images might not display.

The company’s permits now encompass an area more than 1.43 acres north of Hudson Bay, Saskatchewan. The new property is near the most recent coal discovery by Goldsource Mines.

Late last month, NAG made another acquisition of 187 permits from SER, also near the Goldsource discovery.

The junior has uranium, gold and base metal exploration interests but says its primary goal is to hunt for coal in North America, especially in Saskatchewan and West Virginia.

In Saskatchewan, NAG’s most advanced project is the Adamas Property, with earlier exploration discovering a coal seam in the Cretaceous rock.

In October, the company announced it had secured the acquisition of Appalachia Coal Corporation in a cash and share purchase.

Under the deal, NAG now has a 100% interest in the British Columbia-based ACC and its 20,000 acres of coal leases in Preston County, West Virginia. The 20,000 acres of West Virginia leases are in various stages of permitting, according to NAG officials.

“Several different coal seams run on ACC's properties, including the well-known Kittanning seam currently being mined at Cleveland-Cliffs’ White Tail mine six miles from ACC's project,” said officials at the time.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions