COMPANY ACTIVITY

NuCoal cashed up for Savoy Hill development

NUCOAL Resources is ready to focus on the development of its Hunter Valley coal tenements after receiving $3.95 million for the sale of its properties in the Jerrys Plains area.

Lou Caruana
NuCoal cashed up for Savoy Hill development

The company said the finalisation of the sale brought its total cash on hand to more than $5 million. It has already undertaken initial marketing analysis for a potential open cut operation at its Savoy...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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