www.reyresources.com
Rey Resources (ASX: REY) is thermal coal development company with a large resource and major land position of 8,000km2 in the emerging Canning Basin of Western Australia. A Pre Feasibility Study on the firm’s maiden 511Mt JORC resource at Duchess Paradise was completed in January 2010 and revealed a 2Mtpa highwall mining export thermal coal operation, commencing production in 2013, to be financially robust. Capital costs are estimated at A$113 million and operating costs at A$60/t FOBT Derby, where Rey has its own port and loading facility. A major exploration program in 2010 over 100kms of subcrop will seek to extend the 8 year life of the proposed operation and add new resources.
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13/01/12
Rey Resources keeps its eye on the prize, a busy year ahead with a 2013 production target -
09/12/11
Rey Resources adds $4 million to coffers, in "advanced discussions with several parties" -
07/12/11
Rey Resources in trading halt to announce capital raising -
22/09/11
Rey Resources chairman Charlie Lenegan acquires shares in company -
20/09/11
Rey Resources’ Duchess Paradise coal project keeps getting bigger, and better -
13/09/11
Rey Resources appoints two new non-executive directors -
01/09/11
Rey Resources approvals process on track for Duchess Paradise coal project -
16/08/11
Rey Resources reinstated to trading, completes capital raising -
12/08/11
Rey Resources in voluntary suspension pending capital raising update -
10/08/11
Rey Resources in pre-open pending capital raising update -
01/07/11
Rey Resources firm commitments for A$8m placement to fund growth ambitions -
29/06/11
Rey Resources in pre-open pending capital raising announcement -
27/06/11
Rey Resources reaches DFS milestone at Duchess Paradise -
23/06/11
Rey Resources to commence highly anticipated drill program at Duchess coal project, DFS completed in -
06/06/11
Rey Resources moves closer to "initial mining" milestone at Duchess Paradise on maiden coal reserve -
06/04/11
Rey Resources boosts Measured thermal coal Resource at Duchess Paradise, closer to mining in WA -
24/02/11
Rey Resources adds Bill McIntosh to the board -
24/01/11
Rey Resources focused on thermal coal in move to Mining Lease at Canning Basin -
03/12/10
Rey Resources raises A$12m in oversubscribed placement for Canning Basin -
01/12/10
Rey Resources in a trading halt pending capital raising announcement -
09/11/10
Rey Resources responds to ASX query after share spike -
10/09/10
Mathews Capital Partners becomes substantial shareholder in Rey Resources -
06/08/10
Rey Resources Managing Director tops-up shareholding -
19/07/10
Rey Resources shrugs off takeover, progressing DFS for Duchess Paradise coal project -
11/06/10
Gujarat extends offer for Rey Resources -
13/05/10
Gujarat NRE Coking Coal extends takeover bid for Rey Resources -
28/04/10
Rey Resources in discussions with partners to develop Canning Basin Coal project -
27/04/10
Rey Resources under the coal radar, for how long? -
22/02/10
Rey Resources sells Chilean exploration assets to focus on coal developments -
22/02/10
Rey Resources divests non-core Humitos copper leases -
17/02/10
Rey Resources pens deal with Uranium Exploration Australia to explore for uranium -
29/01/10
Rey Resources fends off two offers, moving to DFS at Canning Basin -
28/01/10
Broker places $0.35 share price target on Rey Resources -
21/01/10
Rey Resources gears Duchess Paradise Project towards development -
09/10/09
Rey Resources acquires coal export capacity
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