MARKETS

AusPac actively preparing to take Dartbrook underground

AUSTRALIA Pacific Coal is now actively managing the transition process to enable the smooth hando...

Lou Caruana

AusPac is focused on ensuring that the right personnel will be in place at the mine and core site safety, environmental and operational management personnel are now being appointed, it said.

“In the coming months the company’s personnel will conduct a series of community briefings setting out its proposals for the Dartbrook mine,” it said.

“The board and management of the company are committed to ensuring that all personnel participate in developing a culture of safety and that the mine operates in accordance with best practice environmental standards.”

Dartbrook is a tier 1 asset, strategically located and well equipped with existing infrastructure and facilities, AusPac said.

“As concerns about greenhouse gas emissions increase, high quality thermal coal will remain one of the core sources for energy production. AusPac is planning to deliver quality coal to the market as soon as possible after its completion of the acquisition.”

Newly-appointed CEO John Robinson has progressed in securing the outstanding funding necessary for completion of the company’s acquisition of the Dartbrook Joint Venture.

This includes the necessary funding to buy Marubeni Coal Pty Ltd’s 16.67% interest should this be required.

Cornerstone investor Trepang Services has provided a non-binding indication that it intends to arrange for the provision of AusPac’s outstanding funding requirements.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production