THE lease on the Langloh coal mine near Hamilton has changed hands. Leaseholder Spitfire Resources today announced that it had sold its Tasmanian interests to Advaita Power Resources for $1.5 million cash.
Spitfire managing director John Mackenzie said he was pleased to have concluded an agreement with a specialised coal-focused company to purchase the Tasmanian assets, enabling Spitfire to concentrate on its manganese project in Western Australia.
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