L&M Coal Ltd

The current Government should ignore the anti-miners and their Green Party associates and view the value Bathurst Resources is bringing to the economy and to its employees.

The extent of capital raisings and capital outlays by Bathurst Resources in the December half are well detailed in the company’s just-released financial results.

The relatively small West Coast port of Westport looks like getting a bigger mark on the New Zealand maritime map following a draft agreement for the port to ship export coal for new player Bathurst Resources Ltd.

The L&M Group came into prominence strongly this year and its past, present and future was detailed to the AusIMM NZ Minerals Conference by Greg Hogan, who considers himself a backroom boy [Includes PDF of presentation].

The gate is now wide open for Bathurst Resources to develop the Buller coal project on the West Coast after yesterday paying the acquisition fee for the subsidiary holding the ground, which it has already renamed.

The coal and coal seam gas developments are moving ahead at a solid pace and Simon Hartley looks at who is involved and where the quests are leading.

When are we going to find a week when keen coal developer Bathurst Resources doesn’t have something to say? Well, yesterday’s announcement shows that the company has international investor support for a big capital raising to help pay for its Buller project and to finance its development.

The signs are still looking good for Bathurst Resources, the Australian company that is planning to develop a coal project in the Buller coalfield. Bathurst had a big lift in resources at one of its deposits.

Bathurst Resources has cleared another hurdle in its quest to become a West Coast coal miner. It has received clearance from shareholders for a recent capital raising [includes shareholder presentation].