Company News: MetroCoal
Updated: 17 Aug 2010
The Company holds an extensive portfolio of tenements in the Surat Basin. Our initial exploration and analysis of historical exploration conducted over the tenements indicates the existence of prospective thermal coal seams located at depths ideally suited to:
1. Conventional opencast and underground mining techniques; and
2. Underground Coal Gasification (UCG).
MetroCoal is planning an extensive exploration and evaluation program to advance this dual strategy.
Financial Information
- East Brisbane
- Queensland
- 4169
- Australia
Most Recent Company News
- Australia: Performance under pressures - 22 Jul 2011 12:01pm
Australia’s mining sector continues to achieve results despite political and environmental pressures Read more... - Columboola estimate - 15 Jul 2011 12:33pm
An initial inferred resource estimate of 540Mt has been received by the partners in the Columboola thermal- coal joint venture in Queensland Read more... - Mixed message on MetroCoal - 10 Sep 2010 10:53am
China's Assets Supervision and Administration Commission reports that the Ministry of Commerce has given approval to China Coal Import and Export (CCIE) to jointly develop the Columboola coal project in Queensland's Surat Basin with Australia's MetroCoal Ltd. Read more... - Australian miners stand firm - 23 Jul 2010 11:58am
Gold, iron ore and coal remain the leading commodities in Australia, with bulk commodities being of particular interest Read more...
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