EXPLORATION

Stanmore acquires Wotonga South

STANMORE Coal has executed definitive agreements with Peabody subsidiary Millennium Coal to acquire the Wotonga South coking coal mining and exploration leases adjacent to its Isaac Plains operations in Queensland in a $40 million deal.

 The dragline at Stanmore's Isaac Plains mine in Queensland.

The dragline at Stanmore's Isaac Plains mine in Queensland.

The Wotonga South deposit has a coal resource of 22.8 million tonnes.   The tenements will provide Stanmore with the right to develop an open cut mining operation with the ability to extract about...

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