Pitchblack completes sale of Division Mountain coal project
Published by Louise Mulhall,
Editorial Assistant
World Coal,
Pitchblack Resources Ltd. has completed the previously announced sale of its Division Mountain coal project in consideration for a cash payment of US$100 000.
The sale of the Division Mountain coal project is the result of the company's strategic review of its assets, strengths and go-forward plan. As Pitchblack has not conducted any exploration work at the Division Mountain project in the past few years, it had written off the entire value of the property.
Read the article online at: https://www.worldcoal.com/mining/22082017/pitchblack-completes-sale-of-division-mountain-coal-project/
You might also like
Tackling coal mine fires
Coal mine fires pose immediate and long-term dangers. Jane Marsh discusses what professionals can do to reduce the pollution, environmental damage, and other unwanted effects from these blazes.