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coal investing

Mongolian Government Endorses Chandgana Power Plant Project

Written by Investing News Network
|
Sep. 16, 2011 12:36PM PST

Prophecy Coal Corp. (CVE:PCY,OTC:PRPCF,FRA:1P2) announced that Mongolia’s Ministry of Natural Resources and Energy has endorsed the company’s Chandgana plant.

Prophecy Coal Corp. (TSXV:PCY,OTC:PRPCF,FRA:1P2) announced that Mongolia’s Ministry of Natural Resources and Energy has endorsed the company’s Chandgana plant.

The press release is quoted as saying:

The company has undergone a rigorous power plant permitting process, which included Environmental Impact Assessment approval by The Mongolian Ministry of Nature and Environment, and support from the Mongolian Scientific and Technical Council. The power plant will be built right next to Prophecy’s permitted Chandgana Tal Coal Project.

Click here to read the entire news release.

coal investing tsxv:pcy
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