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/
Rio Tinto has reiterated its determination to ensure that the destruction of heritage sites of exceptional archaeological and cultural significance, such as the Juukan rockshelters, never occurs again.