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Coal producer Golden Energy and Resources bids for Stanmore Coal

The acquisition is part of the company's efforts to diversify its coal product suite and expand its geographical presence


GOLDEN Energy and Resources (Gear) is leading deals worth up to A$249 million (S$250 million) to acquire Australia-listed Stanmore Coal as part of its efforts to diversify its presence and product suite.

Gear is acquiring a 19.9 per cent stake in coking coal-focused...

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