Bounty reaches Glencore payment deadline

BOUNTY Mining yesterday reached the deadline for a final $3 million payment under an agreement with Glencore subsidiary Cook Resource Mining that includes the asset sale agreement and the placement of a guarantee to cover the environmental bond for the Cook colliery in Queensland.

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Bounty reaches Glencore payment deadline Bounty reaches Glencore payment deadline Bounty reaches Glencore payment deadline Bounty reaches Glencore payment deadline Bounty reaches Glencore payment deadline

These two commitments were due by June 30 but extended first to July 19 and then July 23.

 

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