Stanmore signs new deal with Jogmec

Australian coal miner Stanmore Coal has secured A$3-million in funding from the Japan Oil, Gas and Metals National Corporation (Jogmec) to accelerate work at the Isaac Plains East opencut project, in Queensland, and the investment decision for the Isaac Plains underground project. Stanmore on Tuesday announced that it had signed a new joint exploration and support agreement (Jesa) with Jogmec, following a number of successful deals between the companies over several years.