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Hunnu lifts stake in Mongolian project

HUNNU Coal has acquired a further 15% stake in the Unst Khudag thermal coal project in Mongolia’s South Gobi region, taking its ownership to 80%, with an upgrade to the project’s resources on the cards.

Blair Price
Hunnu lifts stake in Mongolian project

The Unst Khudag project currently holds 324 million tonnes of resources within a depth of 140 metres and an updated resource statement is being calculated. Modelling has mainly centred on the recently...

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