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Bathurst Says NZ Coal Mine Economically Feasible and Safe

Australian listed company Bathurst Resources (ASX:BTU) is looking forward to developing an open cut coal mine in the Buller region of the west coast of South Island in New Zealand. The company says that the mine would have the highest safety and environmental standards.

The company has concluded its definitive feasibility study for the coking coal project and deems it a technically and economically feasible project. The Escarpment and Deep Creek blocks have probable reserves of 12.6 million tonnes of ROM coal.

The two locations will see conventional open cut mining operations. The two blocks are expected to produce about 3 million tonnes of raw coal each year at full production levels. After washing this would give 2 million tonnes of hard coking coal per annum.

Escarpment block will initially produce 650 tonnes per year starting production in the fourth quarter of 2011. It will then push up to 1 million tonnes a year by 2013. While Deep Creek block will be developed only in 2013 and will then increase annual production of coal to 1.5 million tonnes a year. By 2015 the production will be at full capacity of 2 million tonnes per annum.

Craig Munro the Chairman was at pains to explain that the safety of the mine would be a big focus. Specially in the aftermath of the death of 29 mine workers in Pike River Coal Mine.

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, content production, design, animation, database and networking, software, and editing. Joel has been with AZoNetwork since its inception in 2000.

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