New owners in groundwork at Broadmeadow East
Bowen Coking Coal has mobilised a drilling team to conduct a coal quality and groundwater monitoring campaign at its Broadmeadow East project, near Moranbah. The company completed acquisition of the coking coal project from Peabody Energy in September for $1 million cash plus royalties of up to $1.5 million. It has flagged plans to start mining by the end of 2021, creating up to 200 ongoi...