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Advance cashes in Canadian coal for Australian gold push
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Advance cashes in Canadian coal for Australian gold push
Image: David/stock.adobe.comAdvance Metals has announced the sale of its Elko coking coal project in Canada, as it looks to focus on exploration and development of its high-grade portfolio in Australia and Mexico. The sale will be made to Elko Metallurgical Resources Corporation (EMRC), with the transaction from Advance holding the potential to deliver up to C$5.25 million ($A5.4 million) in cash, in addition to long-term royalty exposure. The d…
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