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Eastern bores CSM hole

EASTERN Corporation has celebrated its third quarter milestones with the first of its exploration...

Staff Reporter
Eastern bores CSM hole

The company also progressed with overburden removal and coal winning at its Takitumu coal mine, in New Zealand, winning 50,000 tonnes with a further 100,000 tonnes expected to be mined in block two.

The site's processing plant will be boosted to 200,000 tonnes per annum capacity - with work initiated on the upgrade project during the previous quarter.

Eastern Corporation's future focus is significantly on its 67% interest in the coal seam methane project at Longreach, Queensland.

Testing is being completed on the recently completed exploration hole before the project enters its next stage of exploration.

It has yet to confirm development plans for several tenements and mine projects throughout Queensland and New Zealand including its Broughton Coal Joint Venture with Mitsui Coal Holdings in the Bowen Basin.

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