Aquila Resources receives mining lease for Australian project

22 August 2011 (Last Updated August 22nd, 2011 18:30)

Aquila Resources has been granted a mining lease for the Eagle Downs hard coking coal project in Central Queensland, Australia. The project, approved by the Queensland Government, involves the construction, development and operation of an underground longwall hard coking coal mine in

Aquila Resources has been granted a mining lease for the Eagle Downs hard coking coal project in Central Queensland, Australia.

The project, approved by the Queensland Government, involves the construction, development and operation of an underground longwall hard coking coal mine in the Bowen Basin.

The mine will produce an average of 4.5Mtpa of hard coking coal over the first ten years of production.

The construction of the project will commence, subject to the joint venture participant approval of the mine development and associated construction costs.