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Jameson Resources Advances Environmental Approvals Amid Growing Coal Sector Support

Story Highlights
  • Jameson Resources is progressing towards environmental approvals for its Crown Mountain project.
  • There is increasing community and political support for the coal sector in Canada.
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Jameson Resources Advances Environmental Approvals Amid Growing Coal Sector Support

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Jameson Resources Limited ( (AU:JAL) ) has shared an announcement.

Jameson Resources Limited’s quarterly report highlights significant progress in environmental approvals for its Crown Mountain project, with site visits and additional field studies completed. The company’s Managing Director was elected to the Coal Association of Canada’s Board, and there is growing community and political support for the coal sector in British Columbia and Alberta, including a favorable referendum in Crowsnest Pass. These developments underscore the strong long-term fundamentals of the steelmaking coal industry, aligning with global investment trends.

More about Jameson Resources Limited

Jameson Resources Limited is an independent, growth-oriented developer in the steelmaking coal industry. The company specializes in low-cost, high-quality open-cut coal mining, primarily focusing on its Crown Mountain Hard Coking Coal Project located in Elk Valley, British Columbia, Canada.

YTD Price Performance: -12.50%

Average Trading Volume: 205,872

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$21.38M

See more insights into JAL stock on TipRanks’ Stock Analysis page.

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