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Aston’s Maules Creek Coking Coal Mine to Cost A$651 Million
Jul. 07, 2011 04:49PM PST
Industrial MetalsBloomberg 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.
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