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Exploration & development - 20 October 2016

Additional coal seam discovered at Poplar Grove

Paringa Resources has discovered an additional major coal seam at its Poplar Grove project, significantly enhancing the potential of the mine to become a major Illinois Basin producer.

 

Crown Mountain benefits from higher coal prices

The project economics for Jameson Resources Crown Mountain metallurgical coal project have been substantially boosted by the sharp rise in coal prices, as well as a weaker Canadian dollar.