MARKETS

Guildford seeking partners for North Galilee project

GUILDFORD Coal is in discussions with potential joint venture partners to provide self-sustaining...

Lou Caruana

Meanwhile it is also exploring the possibility of a listing on an Asian stock exchange to fund its Mongolian coal mine operations.

Guildford’s Northern Galilee project and the Springsure project have large proven resources with access to existing coal logistics infrastructure that could connect them to the market, according to the company.

The company recently gained approval from the Queensland Department of Natural Resources and Mining to consolidate the Hughenden and Pentland projects into the Northern Galilee project.

“Guildford continues to investigate the merits and mechanisms for a potential listing on an Asian stock exchange,” it said in a statement.

“This was a crucial recommendation flowing from the strategic review of the company which was completed in early 2015.

“Shareholders are advised that there is no certainty or assurance as at the date of this announcement that the potential listing will proceed or be completed.”

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production