AQC Stock Discussion

Australian Pacific Coal Ltd   Description

Australian Pacific Coal Limited operates in junior mining and exploration sector. The Company's principal activities include evaluation of coal exploration tenements held in the Bowen, Surat and Galilee basins in Queensland, Australia; identifying exploration opportunities on selected coal tenements, including exploration by way of joint venture agreement, and planning of exploration programs covering selected coal tenements. The Company operates through two segments: Exploration and Evaluation, and Bentonite Mining. The Exploration and evaluation segment seeks to identify prospective resource areas, secure tenure over the relevant tenements and manage the exploration and evaluation process. The Bentonite Mining segment mines bentonite for sale. The main exploration projects identified are Coroorah, South Clermont and Dingo. It is focused on seeking opportunities for divestment or joint venture development of existing projects and reviewing other resource investment opportunities.

Sector: Basic Materials
Industry: Coal
Keywords: Exploration Mining Coal Mines Energy In Queensland Bowen North West Queensland Galilee Basin Junior Mining South West Queensland