PARTNER CONTENT
✕
MARKETS

Chinese increase stake in MetroCoal

CHINESE coal group DADI Engineering Development has lifted its shareholding in MetroCoal to 19.6%...

Lauren Barrett
Chinese increase stake in MetroCoal

DADI increased its shareholding in the explorer to 41 million shares after the latest off-market purchase from Metallica Minerals Limited.

MetroCoal said it welcomed DADI’s increased shareholding.

Previously DADI had a 15.3% stake in MetroCoal following a $A24 million investment in the explorer.

MetroCoal owns a number of coal exploration licences in the Surat coal region covering approximately 4000sq.km.

Its key projects include the Columboola joint venture project and the Bundi coal project, which is expected to commence longwall mining in 2017.

RELATED ARTICLES
TOPICS:

< PREVIOUS ARTICLE

Atlantic Coal prepping in PA

NEXT ARTICLE >

NuCoal argues the business case for Doyles Creek

FROM OUR PARTNERS

View more
PARTNER CONTENT

Hastings Deering Enables Gregory Mine to Save $65,000 Annually with GET Upgrade

PARTNER CONTENT

MTG launches new VEEMET ROPE SHOVELS system

MOST POPULAR
1
SURFACE

Ellie Coates to take charge of Fortescue's battery arm

2
SAFETY

Rio Tinto suffers culture shock

3
PROCESSING

Qld METS fund invests in Zeotech

4
MANAGEMENT

MinRes cops first strike at testy AGM

RESEARCH

lock Premium subscribers only

View more

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

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login