Bathurst Resources stock soars in face of coking coal revival, ex-Solid Energy assets

Mon, 11 Sep 2017

By Jonathan Underhill Sept. 11 (BusinessDesk) - Bathurst Resources shares have rallied to a 3 1/2-year high on confirmation of its purchase from the receivers of Solid Energy's Stockton mine, which has infrastructure strategically placed to service its Buller Coal Project. The ASX-listed, Wellington-headquartered company is projecting a massive uplift in production thanks to the output of Stockton and two mines near Huntly that have previously supplied the Huntly Power Station. Today Bathurst said it had agreed a 2 1/2-year contract to su...

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