Peter Seear News Today

Premium Content Subscriber only Two companies have joined forces to acquire and restart a Central Queensland mine, set to create an estimated 150 to 200 long-term jobs. Stanmore Coal and M Resources have agreed to buy the Millennium and Mavis Downs metallurgical coal mine near Moranbah as part of a 50/50 joint venture called MetRes. An underground expansion, along with continuation and completion of rehabilitation is tipped for the site after it was acquired from Peabody Resources. MetRes chair...