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Montem targets Canada coking coal at Crowsnest Pass

Thermal coal might be wearing a chunk of the blame for an anthropogenic climate change crisis, but the team at Montem Resources believes the market for coking coal is strengthening such that they can raise up to A$20 million to support resurrecting several mothballed mines in Canada.

Staff reporter
Tent Mountain was the last coal and largest mine operating in the Crowsnest Pass

Tent Mountain was the last coal and largest mine operating in the Crowsnest Pass

Montem has released a prospectus seeking to raise at least $15 million at 50c per share, with the aim of listing by the end of September.   It purchased six areas of prospective coking coal leases...

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