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    coal investing

    Aston’s Maules Creek Coking Coal Mine to Cost A$651 Million

    Investing News Network
    Jul. 07, 2011 04:49PM PST
    Industrial Metals

    Bloomberg reported that Aston Resource Ltd. (ASX:AZT) said its new coking coal mine will cost substantially more than initially projected.

    Bloomberg reported that Aston Resource Ltd. (ASX:AZT) said its new coking coal mine will cost substantially more than initially projected.

    The market news is quoted as saying:

    Australian mining companies are facing increasing cost pressures as a record A$174 billion worth of minerals and energy projects underway in the nation compete for labor and equipment, according to government forecasts in May.

    To read the full market news, click here.

    coal investingaustralian mining companiesasx:azt
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