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Oct 26, 2021

Bowen Coking Coal in $5m PCI mine deal

Bowen Coking Coal in $5m PCI mine deal

Mining contractor MACA has signed a binding agreement to sell the Bluff coal mine east of Blackwater to Bowen Coking Coal for $5 million plus royalties. Bowen Coking Coal said completion of the transaction would add another near-term producing asset to its portfolio at a time of record coal prices. The company has already secured…

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