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Paringa Resources Ltd
(ASX:PNL)


Overview

Paringa Resources Limited (ASX:PNL, NASDAQ:PNRL) is an emerging US-based energy provider operating the high margin Buck Creek Mining Complex located in the Illinois Coal Basin. The Buck Creek Mine Complex includes the 2.8 Mtpa Poplar Grove Mine which commenced operations in December 2018. Additionally, Paringa is assessing the future development of the permitted 3.8 Mtpa Cypress Mine, with the opportunity to become the next major Illinois Basin coal producer.




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