Month: May 2017
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“Coal is Back” – Vitrinite in the Australian Financial Review
We were very excited to be featured in an Australian Financial Review article this week supporting our opinion that coal is back. The article titled, “‘People thought we were crazy’: coal is back as explorers get lucky in the Bowen Basin.” is a snapshot of the coal industry in Australia at present pointing to a number…
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Karin Basin Maiden JORC Code Resource
Vitrinite Pty Ltd is pleased to announce that an initial JORC2012 Inferred Resource of 123Mt has been confirmed within the company’s Karin Basin Asset, and a revised exploration target of 340 to 800Mt. The exploration drilling undertaken to achieve this result covers only a tiny fraction of the tenement area. The exploration program has identified significant seams…