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Gloucester readies for takeover

NEW South Wales coal miner Gloucester Coal has returned steady March quarter 2007 results, posting a 50 million tonne resource increase and higher coking coal sales. Meanwhile, escalating demurrage costs continue to impact profits.

MiningNews.Net
Gloucester readies for takeover

The company has two mining operations, Stratford and Duralie, both located in the Gloucester Geological Basin in NSW. The company also holds two coal exploration licences which cover a large proportion...

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