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HomeFinTechBowen Coking Coal: Appoints BUMA Australia to mine Broadmeadow East

Bowen Coking Coal: Appoints BUMA Australia to mine Broadmeadow East

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Bowen Coking Coal Appoints BUMA Australia to mine Broadmeadow East

  • Bowen Coking Coal (BCB) appoints BUMA Australia to provide mining services to its Broadmeadow East mine (BME) in Queensland
  • The appointment comes with a three year contract, with the option to extend for a further year at Bowen’s election to operate the BME mine using their own resources
  • The contract also makes provision for the seamless transition into the Burton mine at already agreed rates and production volumes
  • First phase mobilisation of site infrastructure, ancillary equipment, haul tucks and a EX3600 excavator are underway and site work is expected to begin in the next two weeks
  • BCB shares are up 1.59 per cent, trading at 32 cents

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