BCB
Director Trades
| Date | Director | Value |
|---|---|---|
| 4/11/24 | N. Jorss | $250,000 |
| 4/11/24 | N. Sneddon | $30,000 |
Company News
Are Australian coal mining companies oversold?
There is a world of difference between a commitment to “phase-out” a commodity, and a proposal to “phase-down” a commodity, which is a reason for taking a fresh look at heavily oversold Australian coal mining companies. While not widely researched because they have become ethically incorrect, some coal stocks are trading at close to half […]
Bowen releases Hillalong North maiden coal resource with ‘extremely positive’ coking properties
Bowen Coking Coal (ASX: BCB) reports its Hillalong North project in Queensland’s Northern Bowen Basin has a maiden coal resource of 43 million tonnes with much of that located at shallow depths. The company adds that raw quality data is “extremely positive” in terms of coking (or metallurgical) coal properties. Hillalong North is part of […]
Bowen secures farm-in agreement with Sumitomo over Hillalong coking coal project
Queensland-based explorer Bowen Coking Coal (ASX: BCB) has secured a farm-in agreement with Sumitomo Corporation over the Hillalong coking coal project, approximately 105km west-southwest of Mackay. The farm-in, executed between Bowen’s subsidiary Coking Coal One Pty Ltd and Sumitomo-owned SCAP Exploration Pty Ltd, will allow Sumitomo to earn an initial 10% interest by funding $2.5 […]
Bowen Coking Coal confirms 8.7 million tonne resource estimate at Isaac River
Exploration company Bowen Coking Coal (ASX: BCB) has reported a 3.5 million tonne increase to the mineral resource estimate at its Isaac River coking coal project in central Queensland following results of a six-hole maiden drilling program earlier this year. The project’s total coal resource estimate now stands at 8.7Mt – up 67% from the […]
Isaac River drilling program intersects new targets for Bowen Coking Coal
An extended drilling program at Bowen Coking Coal’s (ASX: BCB) Isaac River project in central Queensland has successfully intersected exploration targets at six sites within the prospective Leichardt, Girrah and Vermont Upper coal seams. The company’s maiden drilling program was extended to include a sixth core hole following the intersection of a 4.5m thick coal […]
Bowen Coking Coal boosts exploration target, including open pit potential at ex Rio Mt Hillalong asset
Bowen Coking Coal (ASX: BCB) has boosted it exploration target for its Mt Hillalong metallurgical (coking) coal asset after a comprehensive review of historic exploration data revealed open pit and underground potential. Located near Rio Tinto’s open cut Hail Creek mine (subject to a Glencore transaction) in Queensland’s Bowen Basin, the Mt Hillalong project also […]
Bowen Coking Coal collects Hillalong East from Rio Tinto and Cape Coal
After gaining a shareholder vote earlier this week, Bowen Coking Coal (ASX: BCB) has completed its acquisition of the Hillalong East coking coal project from Rio Tinto Exploration and Cape Coal. As part of the agreement, Bowen Coking Coal made a A$100,000 cash payment to Rio Tinto Exploration. The other vendor Cape Coal was issued […]
Bowen confirms high quality coking coal potential from Mammoth seam at Cooroorah
Bowen Coking Coal (ASX: BCB) has confirmed the potential for “high quality coking coal” from the Mammoth seam within its wholly-owned Cooroorah project in Queensland’s Bowen Basin. According to Bowen, analysis of the Mammoth seam returned an “array of highly desirable coal qualities”, with the primary coking coal fraction ranging between 40% and 50% with […]
Bowen Coking Coal divests Comet Ridge in deal that values project at A$3 million in royalty buy-out
As part of its strategy to advance the Cooroorah and Hillalong coal projects, Bowen Coking Coal (ASX: BCB) has announced plans to sell Comet Ridge to Springsure Creek Coal Pty Ltd in a deal that ultimately values the project at A$3 million via a royalty buy-out clause. Under the initial purchase terms, Springsure Creek Coal […]