BARALABA Coal has made a loss of $17.4 million for the six months to December because its major asset, the Baralaba North coal mine in Queensland, produced no coal during the half while the new company rose from the ashes of Cockatoo Coal.
Cockatoo Coal emerged from voluntary administration having been recapitalised, reorganised and reverted to shareholders’ and directors’ control as Baralaba Coal. Baralaba is targeting resumption of coal...
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