--(www.USEquityNews.com)-- 08/28/2008 - Uranium Exploration industry alert provided by U.S. Equity News. Patriot Coal Corporation (NYSE: PCX) recently announced that its Chief Executive Officer, Richard M. Whiting, will speak at the Lehman Brothers CEO Energy/Power Conference on Thursday, September 4 at 2:25 p.m. Eastern Daylight Time at the Sheraton New York Hotel & Towers. Patriot Coal Corporation is the third largest producer and marketer of coal in the eastern United States, with 22 Company-operated mines and numerous contractor-operated mines in Appalachia and the Illinois Basin. The Company ships to domestic and international electric utilities, industrial users and metallurgical coal customers, and controls approximately 1.9 billion tons of proven and probable coal reserves.
Peabody Energy (NYSE: BTU) recently announced that Chairman and Chief Executive Officer Gregory H. Boyce will present at the Lehman Brothers CEO Energy/Power Conference in New York City on Thursday, Sept. 4. Investors can access the slide presentation on PeabodyEnergy.com. Peabody Energy is the world's largest private-sector coal company, with 2007 sales of 238 million tons and $4.6 billion in revenues. Its coal products fuel approximately 10 percent of all U.S. and 2 percent of worldwide electricity.
Lundin Mining Corporation (NYSE: LMC) ("Lundin Mining" or the "Company") recently advised that it is aware of newswire reports of comments attributed to various Democratic Republic of Congo officials regarding the Tenke Project. The Company has received no official notification of any change in government attitude and is investigating. On February 19, 2008, the Company received a letter from the Ministry of Mines, Government of the Democratic Republic of Congo pertaining to the review of mining contracts in the country. The letter was addressed to Tenke Fungurume Mining S.A.R.L. ("TFM") the entity which is developing the mine and in which the Company has an equity investment of 24.75%.
Strongbow Resources, Inc. (OTCBB: STBR), a uranium exploration and development company, through its CEO Darren Hayes, recently announced that it has entered into a Memorandum of Understanding with Holloman Minerals, Ltd. of Perth, Australia to Farm-in up to 98% of seven (7) exploration license areas in the Frome Embayment near Lake Callabonna in South Australia covering an area of approximately 3,792 square kilometers (937,000 acres) known as the Cameron's Corner Palaeochannel Project (CCP Project). All of these areas are considered to be prospective for uranium and will form the basis for exploration activities. The Company's initial focus will be to explore the CCP Project Area by stages. The first stage will be an airborne electromagnetic survey to map channels and structure throughout the region with infill in the areas where channels or structure are indicated from previous work. Based on the results from this airborne survey and interpretation of existing data, the Company expects to target favorable structural belts and channels for follow up drilling. For a full report visit www.stocksjournal.com
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