GEAR, M Resources in Illawarra coal deal

Key Queensland mining players GEAR and M Resources are acquiring Illawarra Metallurgical Coal from South32 in a $2.5 billion deal. GEAR (Golden Energy and Resources) holds a 59 per cent interest in Bowen Basin coal producer Stanmore Resources and a 50 per cent stake in Ravenswood Gold. M Resources’ investments across the mining value chain […]

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Industry Queensland
Industry Queensland