Stanmore Resources to acquire South32’s stake in Eagle Downs coal project

Stanmore Resources to acquire South32’s stake in Eagle Downs coal project

Stanmore Resources Limited (ASX: SMR) has announced the signing of a definitive sale and purchase agreement with a wholly-owned subsidiary of South32 Limited to acquire a 50% interest in the Eagle Downs metallurgical coal project. This significant transaction also includes a 100% interest in Eagle Downs Coal Management Pty Ltd (EDCM) and associated assets, marking […]

Millennium and Mavis Downs Mine : PIMS Mining bags $310m mining contract

Millennium and Mavis Downs Mine : PIMS Mining bags $310m mining contract

PIMS Mining has bagged an AUD 425 million ($310.84 million) contract for providing underground mining services to the Millennium and Mavis Downs Mine in Australia owned by Stanmore Resources and M Resources. The contract awarded by MetRes Pty Ltd., the joint venture between Stanmore Resources and M Resources, is for a duration of five years. […]