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

- July 7th, 2011

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.

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