19
Apr
11:07
Aus Tin Mining purchases Ashford coking coal project
Australian miner Aus Tin Mining formally acquired Laneway Resources' Ashford coking coal project in New South Wales on Monday 19 April, Kallanish notes. Laneway intends to focus on its gold business.
Under the acquisition, AusTin will hold a 40% interest in Ashford project owner and Laneway subsidiary Renison Coal, while Laneway will hold a 20% interest in Aus Tin. The next step of the acquisition will see Aus Tin have the option of se…
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