Coal news and updates

Equus Mining to reveal raising for Chile thermal coal

Equus Mining has been granted an ASX trading halt pending details of a capital raising.

Equus is focused on thermal coal in Chile, and drilling is underway at the recently acquired Mina Rica East thermal coal exploration tenements.

Drilling has already intercepted two coal seams.

The halt will remain in place until the opening of trade on Thursday 8th October 2015, or earlier if an announcement is made to the market.

source: http://www.proactiveinvestors.com.au