The company would keep the Lancewood tenement and the Northern part of the Wards Well tenement
Stanmore Resources has sold the southern area of its Wards Well tenements in Queensland as part of a US$136 (A$212) million deal.
There will also be a stream of up to $200 million payable on the first 120 million tonnes of coal mined with an extra additional royalty stream if more than 120Mt of coal is mined. Stanmore chief executive...
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