FLEETS

Bounty raises cash to re-equip

QUEENSLAND coking coal miner Bounty Mining wants a more consistent mining fleet and has raised $10.3 million in new equity capital to help it buy it.

A continuous miner in use at the Cook Colliery.

A continuous miner in use at the Cook Colliery.

Bounty bought the troubled Cook Colliery on December 8 and set about changing the mining approach there. Cook's previous owners had installed a longwall and when water that had built up in the workings...

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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.

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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