Bounty Mining: 2 of 4
MANAGEMENT
Qcoal clinches $90M agreement with Bounty
Bounty will also enter into a coal offtake agreement with Qcoal.
14 October 2019
MANAGEMENT
Bounty may be in default of Amaroo loan
Bounty received a letter from Amaroo notifying Bounty of the event of default.
23 September 2019
MANAGEMENT
Qcoal submits another recapitalisation proposal to Bounty
The subscription agreement with Amaroo includes exclusivity provisions.
12 September 2019
MANAGEMENT
Qcoal makes revised play on Bounty
Bounty is seeking recapitalisation and a $35 million funding package.
04 September 2019
UNDERGROUND
Bounty triples Cook annual production
Product coal was 484,000t for FY19, with the CHPP delivering a total yield of 90%.
02 September 2019
EXPLORATION
Bounty releases maiden reserves for Cook
The coal reserve estimated for Cook colliery is 8.6 million tonnes.
21 August 2019
MANAGEMENT
Bounty seeking funds for Cook colliery improvements
It would also provide funding for completion of the Glencore acquisition.
05 August 2019
UNDERGROUND
Bounty reduces mining units and lifts production
A review of the mining panel design has resulted in improved productivity.
04 August 2019
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