Skip to main content

Pitchblack completes sale of Division Mountain coal project

Published by
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:

You might also like

Botswana boosts coal exports with new mine

According to the latest Reuters report, Botswana has commissioned a new 1.4 million tpy coal mine at the state-owned Morupule Coal Mine (MCM), with the aim of increasing exports.


Embed article link: (copy the HTML code below):