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Funds for development and acquisitions: Whitehaven Coal

COAL miner Whitehaven Coal has raised $A130 million from the issue of more than 49 million shares in order to fund the development of its recently approved Narrabri North Project and increase its stake in other operations.

MiningNews.Net
Funds for development and acquisitions: Whitehaven Coal

Narrabri will be the company's first longwall mine and is set to begin construction early next year and produce first coal in the first quarter of the 2009 calendar year. In addition to funding the...

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