New Age Exploration Ltd has sold its Lochinvar coking coal project on the England-Scotland border to Paladar Trading Ltd. STRATEGIC NAE, which last year announced it was in talks for a deal, signed a binding share sale agreement for 100% of the issued capital of its wholly owned subsidiary Lochinvar Coal Ltd. Lochinvar holds contiguous […]
Tag: Lochinvar – Scotland
NAE granted further Lochinvar licence
New Age Exploration plc (NAE) has received approval for a further conditional underground licence for a coking coal mine in Lochinvar, Scotland. LICENCES The Coal Authority received the Australian company’s application on 12 May 2020 and issued and approved licence CA11/UND/0192/N for Lochinvar Central on 21 January 2022. NAE’s 100% owned entire project comprises three […]