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MarketWatch reported that coal production for Gloucester Coal Ltd. (ASX:GCL) has more than doubled.
MarketWatch reported that coal production for Gloucester Coal Ltd. (ASX:GCL) has more than doubled.
As quoted in the market news:
The boost in production came entirely from acquisitions made by the miner over the past year. Middlemount accounted for 70,000 tons and Donaldson coal–which Gloucester bought from its parent company Noble Group Ltd. in May–added 415,000 tons.