UPDATE: Bathurst writes off full value of Buller coal project

Fri, 29 Aug 2014

(Adds annual result, comment in 9th and 10th graphs) By Pattrick Smellie Aug. 29 (BusinessDesk) - Bathurst Resources has written off the total value of the assets covered by its Buller coal project as it hunkers down and waits for international coking coal market conditions to improve. Bathurst chief executive Hamish Bohannan announced in a statement to the NZX that the company, which battled for years to get resource consents to undertake open-cast mining on the Denniston Plateau that were finally granted last year, that it was writin...

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