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Bowen Coking Coal: Appoints BUMA Australia to mine Broadmeadow East | Fintech InShorts: Latest fintech news, analysis by experts

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Bowen Coking Coal: Appoints BUMA Australia to mine Broadmeadow East

By Steve Sam

May 1, 2022

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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