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BCC raising funds to progress mine, stay alive

Wolf may be at the door unless a minimum $60 million can be raised

Noel Dyson
Bowen Coking Coal's Burton coal handling and prep plant. Credit: Bowen Coking Coal

Bowen Coking Coal's Burton coal handling and prep plant. Credit: Bowen Coking Coal

Bowen Coking Coal is raising $70 million through a partially underwritten entitlement offer to fund the development of its Plumtree North mine and keep its doors open. The company warns that if the raising...

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