April 15, 2021 - MetRes Pty Ltd, a 50/50 joint venture (JV) between Stanmore Coal and M Resources, has acquired the Millennium and Mavis Downs coal mine in Queensland from Peabody Energy.
M Mining Pty Ltd, a wholly owned subsidiary of M Resources, is the joint venture manager and operator.
GEAR’s effective interest in Stanmore is 64.01%.
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