Paringa Resources Limited (ASX:PNL)

4.1¢

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MCAP $25.94M
Last trade 07.10am 29/11/2021 20mins delayed

Latest Announcements

26/10/2021PNLParinga Resources Limited
26/10/2021PNLParinga Resources Limited
30/09/2021PNLParinga Resources Limited
30/09/2021PNLParinga Resources Limited
30/09/2021 Price SensitivePSPNLParinga Resources Limited
29/09/2021PNLParinga Resources Limited
30/04/2021PNLParinga Resources Limited
30/04/2021 Price SensitivePSPNLParinga Resources Limited

Company Overview

Paringa Resources Limited is a mineral exploration company, which is engaged in the exploration and development of resource projects. The Company is focused on the development of Buck Creek coal mining complex (Buck Creek Complex) located in the western Kentucky region of the Illinois Coal Basin. The Company controls over 35,000 gross acres of coal leases within an area of interest of approximately 72,000 acres. The Buck Creek Complex consists of over two undeveloped coal mines, such as the Poplar Grove Mine and Cypress Mine. The Buck Creek Mine Complex has a Joint Ore Reserves Committee (JORC) Measured and Indicated Coal Resource Estimate (CRE) of approximately 224 million tons of thermal coal. The Company has secured over 14,000 gross acres (approximately 5,600 hectares) of coal leases in the Arkoma Coal Basin in Arkansas, the United States (Arkoma Coking Project). The Company's subsidiaries include Hartshorne Coal Mining Pty Ltd, HCM Resources Pty Ltd and Hartshorne Holdings LLC.

PNL in the news

Coal producer Paringa Resources (PNL) has been delisted from the Nasdaq stock…
A Kentucky coal mine is on its last legs after a Paringa…
Paringa Resources has sold nearly $8.5 million worth of coal during the…
Paringa Resources Limited has announced it has delivered its first shipment of…

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