Whitehaven Coal On Track for $785 Million Maules Creek Mine, First Output Expected Next Year

Bloomberg reported that Whitehaven Coal expects to have approvals for its $785 million, Maules Creek Mine with first output expected next year.

As quoted in the market report:

The issues left to be answered we believe we’ll be able to deal with those in quick fashion,” Mark Vaile, chairman of the Sydney-based company, said today in a phone interview. “The work that we’ve done particularly in the original application to the state government contains all the reassurances that the federal government needs.

To view the whole Bloomberg report, click here.