Thumbs up for Mackenzie coal project deal
Shareholders have given the thumbs up to Aus Tin Mining's move to acquire the Mackenzie coal project in Queensland’s Bowen Basin and the Ashford project in northern NSW.
The company said the AGM convened last Friday provided shareholder approval for the terms of the acquisition of the two coking coal projects.
"The company will seek to finalise both project acquisitions and then push to progress a mining lease application for the Ashford coking coal project, and update an economic assessment previously completed for the Mackenzie coal project," Aus Tin said.
Late last year the company announced it had. . .
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