• Bowen Coking Coal (ASX:BCB) bolstered by Burton Mine

    2021-8-4 · Bowen Coking Coal (BCB) is looking to move from explorer to producer status after inking a deal to add two prospective coal mines to its portfolio. Bowen is set to acquire 100 per cent of shares in New Lenton Coal Pty Ltd from fellow ASX-lister, New Hope Corporation. In doing so, Bowen will have access to The Burton Mine and The New LentonPortman Mining Ltd Coal Mine Burton Coal ,The Burton coal mine, Queensland, Australia. Burton is located in Queensland’s Bowen Basin, 150km south-west of the coastal town of Mackay. It produced its first coal in November 1996. An open-pit operation, Burton has a production

  • Bowen to resuscitate Burton coal mine Mining Journal

    2021-8-4 · Bowen has around $3 million cash, having recently paid a A$250,000 deposit for the chance to enter exclusive negotiations over the next four weeks to secure ownership of the Bluff PCI mine. BowenMajor Mines & Projects Burton mine and Lenton Project ,The product make-up at Burton has been investigated to contain a split between coking and thermal coal from the RCM. Lenton The Lenton deposit is located 120 km westsouthwest of Mackay, Queensland. It is immediately west of Peabody’s Burton Mine which produced coking and thermal coal for the export market.

  • Bowen to resuscitate Burton coal mine Petra Capital

    2021-8-9 · Burton operated for almost 20 years, before being suspended in 2016 by then-owner Peabody Energy due to low coal prices. Bowen aspires to become a significant multi-mine coking coal producer, with Bluff, Burton and its existing production plans at the nearby Broadmeadow East, and Isaac River projects, in the heart of the Bowen coal basin.BHP to sell Australian coking coal mines,2021-11-8 · BHP to sell Australian coking coal mines. UK-Australian resources firm BHP has agreed to sell its 80pc stake in the BHP Mitsui Coal (BMC) joint venture to Australian coal mining firm Stanmore for $1.2bn. The deal will more than quadruple the metallurgical and thermal coal production capacity of Stanmore and requires the firm, which has a market

  • Peabody sells majority of Burton mine Australian Mining

    2017-9-6 · The Lenton joint venture of which New Hope Coal owns a 90 per cent interest controls mining tenements that adjoin the Burton mine. The Burton mine, located in the Queensland Bowen BasinAcquisition of Broadmeadow East Coking Coal Project ,2020-6-23 · 24 June 2020 Acquisition of Broadmeadow East Coking Coal Project and Capital Raising Highlights • BCB to acquire Mining Lease 70257 (“Broadmeadow East”) coking coal project from Peabody • Xenith Consulting have completed a JORC Resource Estimate of 33Mt within the granted ML 70257 • Extensive drilling demonstrates shallow sub-crop and

  • Anglo American to sell Australian coking coal mines

    2016-2-16 · Miner Anglo American has flagged an exit from Australia and coal by putting its two best coking coal mines up for sale as it narrows its global focus to BHP sells Australian coking coal mines to Stanmore,BHP, the nation’s largest mining company, is continuing to reduce its exposure to fossil fuels with a deal to sell two Queensland coking coal mines to ASX-listed Stanmore Resources. The deal

  • Bowen to resuscitate Burton coal mine Petra Capital

    2021-8-9 · Burton operated for almost 20 years, before being suspended in 2016 by then-owner Peabody Energy due to low coal prices. Bowen aspires to become a significant multi-mine coking coal producer, with Bluff, Burton and its existing production plans at the nearby Broadmeadow East, and Isaac River projects, in the heart of the Bowen coal basin.Peabody sells majority of Burton mine Australian Mining,2017-9-6 · The Lenton joint venture of which New Hope Coal owns a 90 per cent interest controls mining tenements that adjoin the Burton mine. The Burton mine, located in the Queensland Bowen Basin

  • Coal mining bonanza will come to those who believe

    2021-8-5 · Coal mining bonanza will come to those who believe. HOGSBACK believes those mining companies that keep the faith in coal will be rewarded handsomely. Today’s successful coal companies have learnt not to gold plate projects when coal prices are high. Viewpoint > Hogsback. 05 August 2021.Coking coal miners seize the day Australian Resources,2021-11-12 · Rio Tinto completed its exit from Australian coal in 2018, while rival BHP has announced plans to sell its thermal coal assets and some of its lower quality Queensland coking coal assets by August 2022. The sell-off by major miners has sparked a new wave of M&A activity among remaining players, including listed and unlisted buyers.

  • Flannery backs coal's resurgence as Bowen plans

    2021-8-4 · Caledon, coking coal Cook Mine in the Bowen Basin of Queensland, Australia. phototonyphillips Bowen has struck a deal to buy New Hope’s Lenton joint venture, which includes the shuttered Burton mine and the Lenton project, for an estimated $77 million.Major Mines & Projects Poitrel Mine,Bituminous coal is mined from the Permian Rangal Coal measures. Produces a range of coking coal and pulverised coal injection (PCI) coal. Coking and thermal coal resources are contained within seams in the Rangal Coal Measures of Late Permian age, located in a drag syncline on the upthrown eastern side of an extension to the Burton Range Fault.

  • Peabody to cut jobs at Burton coal mine Australian Mining

    2014-8-6 · Peabody to cut jobs at Burton coal mine. Peabody Energy is cutting its production levels at the Burton coal mine on the back of falling commodity prices. The company yesterday announced it wasWhat are the five biggest coal mines in fossil ,2020-2-12 · The Peak Downs coal mine is located in the Bowen Basin of central Queensland and is currently the country’s biggest coal mine by recoverable reserves. The open-pit mine has been producing high-quality hard coking coal

  • Anglo American to sell Australian coking coal mines

    2016-2-16 · Miner Anglo American has flagged an exit from Australia and coal by putting its two best coking coal mines up for sale as it narrows its global focus to Bowen to resuscitate Burton coal mine Petra Capital,2021-8-9 · Burton operated for almost 20 years, before being suspended in 2016 by then-owner Peabody Energy due to low coal prices. Bowen aspires to become a significant multi-mine coking coal producer, with Bluff, Burton and its existing production plans at the nearby Broadmeadow East, and Isaac River projects, in the heart of the Bowen coal basin.

  • Peabody sells majority of Burton mine Australian Mining

    2017-9-6 · The Lenton joint venture of which New Hope Coal owns a 90 per cent interest controls mining tenements that adjoin the Burton mine. The Burton mine, located in the Queensland Bowen BasinCoking coal miners seize the day Australian Resources,2021-11-12 · Rio Tinto completed its exit from Australian coal in 2018, while rival BHP has announced plans to sell its thermal coal assets and some of its lower quality Queensland coking coal assets by August 2022. The sell-off by major miners has sparked a new wave of M&A activity among remaining players, including listed and unlisted buyers.

  • Bowen Coking Coal to acquire Australian coal mine from

    Bowen Coking Coal has agreed to acquire the Bluff PCI coal mine in Queensland, Australia, from mining contractor MACA. According to the binding agreement, MACA will receive $3.7m (A$5m) in either cash or Bowen shares plus quarterly price-linked royalty payments for Broadmeadow East — Bowen Coking Coal Ltd,The Broadmeadow East Coking Coal Project is covered by ML 70257 and is located about 25km northeast of the township of Moranbah, within the Central Bowen Basin in Queensland. It is approximately 30km north west of BCB’s Isaac River project and 45km south of the Company’s Hillalong Coking Coal Project.

  • Gregory Mine Sojitz Blue

    The Mine will be operated by a wholly owned subsidiary of Sojitz, and will have an annual capacity of up to 3.0 million tonnes of product coal when fully operational with a mine life of more than 20 years. The Mine will also create significant full Coking coal MCMining Limited,1 天前 · Coking coal. South Africa produces significant quantities of thermal coal but has a very limited domestic supply of high-quality coking (metallurgical) coal and currently imports all of its hard coking coal requirements. Once developed, the Makhado Project will be the only significant hard coking coal mine in South Africa and will produce both

  • Shifts in Global Coking Coal Trade Flows Deepen US Coal

    2021-5-18 · Teck expects to mine 25.5mn-26.5mn t of coking coal this year, compared with 21.1mn t in 2020, and to sell 6.0mn-6.4mn t in the second quarter, compared with 6.2mn t in the first quarter. US low-volatile producer Corsa, which sells largely into the domestic market, said domestic coking coal consumption is steady and expected to rise by 5.5pc toRussia-Ukraine war: BHP sold this Qld mine because it didn,2022-3-8 · A coal mine that BHP has agreed to sell because of its “lower quality” is suddenly the most lucrative mine in the global industry because its niche product is

  • BHP to offload QLD, NSW coal assets

    2020-8-19 · BHP has announced it plans to sell a number of coal assets as the company looks to simplify its portfolio. In an analyst and briefing speech for BHP’s 2020 financial year results, the company,