Cockatoo Coal Increases Bowen Basin Resource Estimate by 33 Percent

Mining Weekly reported that Cockatoo Coal has increased its resource estimate for their Bowen basin projects by 33 percent.

As quoted in the market report:

The company reported on Friday that recent drilling and coal quality tests had added some 17.5-million tons of marketable reserves to its Baralaba mine complex, taking it from 52.2-million tons to some 70-million tons.

To view the whole Mining Weekly report, click here.