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Additional Information
Market: TSX-V, OTCBB
Sector: General Mining
Epic: PCY
News: Latest news
Web Site: Prophecy Resource Corp
Other Articles: 26-08-201016-08-201006-07-2010

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Thursday September 09, 07:08Amphion’s Unique Approach to Innovation

Investors in Amphion should should keep an eye on further developments at Kromek. The business could be floated during Q1 2011, at which point Amphion’s 16% stake should be worth far more than the last valuation of £9m.

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Wednesday September 08, 10:42African Energy Resources encouraged by coal results at Sese, seeks cornerstone partner

With the coal quality, thickness and shallow depth, it augurs well for potential commercial coal production for African Energy at Sese in Botswana.

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Tuesday September 07, 08:12MetroCoal re-affirms Columboola coal Resource yet to be completed

Emerging coal-focused energy company MetroCoal (ASX: MTE) has clarified that it has not completed any resource estimate or report on its Columboola Project area in Queensland's Surat Basin.

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Prophecy Resource Corp

Prophecy Resource Corp

Prophecy Resource Corp is an internationally diversified company engaged in developing, energy, nickel and platinum group elements projects. The company controls over 1 billion tonnes of open-pittable thermal coal in Mongolia. In Canada Prophecy owns Lynn Lake Nickel Project, a 10% equity stake in Victory Nickel and agreed to merge with Northern Platinum on June 15, 2010.

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Thursday, March 11, 2010

Rob McEwen joins Prophecy Resource Corp ahead of merger with Red Hill Energy

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Rob McEwen has joined the advisory board of Prophecy Resource Corp (CVE:PCY; OTC:PCYRF; ETR:3P1) which recently announced that it would be merging with Red Hill Energy (TSX-V: RH).

McEwen is one of the most high profile mining entrepreneurs in Canada, and is Chairman and CEO of US Gold Corp (NYSE:UXG, TSX:UXG) and Minera Andes (TSX:MAI). He is also a significant shareholder in Rubicon Minerals (TSX:RBI). 

"Mr. McEwen possesses an impeccable track record of delivering shareholder value, something Prophecy's management will strive to achieve under Mr. McEwen's guidance. With Prophecy focusing on Asian investors, I look to create synergy with Mr. McEwen through shared networking and to achieve sustainable growth through acquisition and development,” John Lee, Chairman of Prophecy, stated.

Prophecy Resource Corp’s interests include the Lynn Lake nickel-copper project in Manitoba, the Titan vanadium project in Ontario, and the Okeover copper-molybdenum project in British Columbia. Red Hill Energy controls over 1.5 billion tons of thermal coal resource in Mongolia.

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