Stanmore Resources Ltd (ASX:SMR) has signed a deal with Anglo American and Exxaro enabling it to progress exploration and mining work in a territory adjacent to its Isaac South coal project in Queensland, potentially boosting the latter’s economics. The binding and definitive agreement between the three companies relates to a Designated Area within tenements held by Anglo American and Exxaro as part of their Moranbah South joint venture. The area happens to be immediately adjacent to Stanmore’s 52 million-tonne Isaac South project, and the company is seeking the opportunity to explore and stud…
