Stanmore Resources Updates Coal Resources, Reserves; Shares Up 4%

MT Newswires Live
02-24

Stanmore Resources (ASX:SMR) said coal resources across all controlled tenements are now 5.13 billion tonnes, for the period ending Dec 31, 2024, according to a Monday Australian bourse filing.

Run-of-mine coal reserves across all controlled tenements formally declared and published reached 534 million tonnes while total marketable coal reserves sit at 360 million tonnes, the filing added.

Company shares were up 4% in recent Monday trade.

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