MANAGEMENT

BCC cashed up and ready to develop coal projects

BOWEN Coking Coal has $4.15 million in cash reserves to pursue its development strategy of Queensland coal mining projects following a $2.5 million capital raising at the end of the 2020-21 financial year.

 Broadmeadow East, which is located within the undeveloped Mining Lease 70257, has a resource estimate of 33Mt.

Broadmeadow East, which is located within the undeveloped Mining Lease 70257, has a resource estimate of 33Mt.

In late June the company completed a $2.25 million private placement, which was in association with the $1 million acquisition of Broadmeadow East project from Peabody Energy. "As at June 30 2020, the...

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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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