Mining Weekly reported that Beacon Hill Resources announced that the coal compliant resource increased by 31 percent its Minas Moatize coking coal mine.
As quoted in the market report:
The upgrade, which was the result of an infill drilling programme undertaken in 2012 to prove previously unclassified tons in the upper and middle Chipanga seams, also included a 15.4% increase confidence in measured and indicated resources.
Love It Or Hate It: 40% Of Electricity In The United States Is Generated From Coal. China uses even more.
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