COAL
ASX-listed coal developer Paringa Resources will be able to move straight into the construction phase for the Poplar Grove mine, in Western Kentucky’s Illinois basin, once it completes a bankable feasibility study (BFS), CEO David Gay revealed on Thursday, as the company has completed all mine development technical work. The BFS for the proposed 1.8-million-ton-a-year mine, formerly known as No. 2 mine, is nearing completion and will be ready in the “coming months”.
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