Australian Market Report of May 28: Economic Outlook Dented by US Debt

Australian Market Report of May 28: Economic Outlook Dented by US Debt : "An initial resource of 171.7 million tonnes has been announced for the underground coal gasification (UCG) project being developed by MetroCoal Limited in the Surat Basin northwest of Brisbane. MetroCoal, an 84% owned subsidiary of, Metallica Minerals Limited (ASX:MLM)."