Coal – Watching The Watchdog

Raising Awareness of Sovereign Risk Issues

NuCoal Assets Expropriated by an Act of Parliament

WTW11 September 2015

[caption id="attachment_693" align="alignright" width="300"] Expropriated by an Act of Parliament[/caption] NuCoal had its major asset expropriated by an Act of Parliament in January 2014 after Operation Acacia. NuCoal deserves...

Coal ICAC Mining

ICAC: Cascade Coal director McGuigan pans ‘totally unfair’ processes

WTW14 August 2015

[caption id="attachment_878" align="alignleft" width="300"] Sydney Mining Club 2015[/caption] Cascade Coal director John McGuigan has slammed the process that led to the company being stripped of its mining licences, saying...

Coal ICAC Mining World

NuCoal’s Loss, Shareholders Lose, Australia Loses

WTW30 January 2015

In December 2009, NuCoal acquired all of the issued capital of Doyles Creek Mining Pty Ltd (DCM) for $94 million and thereby Exploration Licence 7270 (EL 7270). On 23 November...