Atlantic Coal signs option on new US anthracite site

US focused aim listed miner Atlantic Coal rallied after it signed an option on a new US anthracite property that could more than double its anthracite reserves.

US focused aim listed miner Atlantic Coal rallied after it signed an option on a new US anthracite property that could more than double its anthracite reserves.

The lease option with Pennsylvania based Reading Anthracite is for a permitted 410 acre site in the Pennsylvanian Anthracitic Belt, 25 miles from where the group's existing Stockton Colliery is currently producing.

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