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australia's identified mineral resources 2005 - Geoscience Australia

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AUSTRALIA’S IDENTIFIED MINERAL RESOURCES <strong>2005</strong><br />

Moorvale coal mine, Bowen Basin, Queensland (Macarthur Coal Ltd).<br />

Peabody Energy: Mining operations commenced at the $195 million 1 Mtpa Eaglefield open-cut coking<br />

coal project. Production will supplement that from the nearby North Goonyella underground mine.<br />

Wesfarmers: Construction of the $290 million Curragh North open-cut project commenced in<br />

September 2004 and the first coal is scheduled to be produced by mid-<strong>2005</strong>. Coal will be transported<br />

via a 20 km conveyor system to the current Curragh processing plant, which is to be upgraded.<br />

Production is planned to increase from 6.5 to 9 Mtpa in 2006 and mine life will extend about nine<br />

years to 2025.<br />

Felix Resources: The Yarrabee North mine extension commenced in June 2004. Construction at<br />

the $68 million Minerva open-cut mine commenced in August 2004. Production of high volatile PCI<br />

and thermal coal is expected to commence in mid-<strong>2005</strong> at a rate of 2.5 Mtpa and continue over an<br />

11 year mine life.<br />

Excel Coal: Construction of the $60 million Millennium open-cut coking coal project commenced in<br />

December 2004 and is expected to be completed in late <strong>2005</strong> with a capacity of up to 2.5 Mtpa.<br />

Tarong Energy: The proposed Glen Wilga open-cut thermal coal project near Chinchilla is initially<br />

planned to produce 0.5 Mtpa. Planning is progressing on the development of a 150 km rail line from<br />

Brigalow to the Tarong Power Station.<br />

21<br />

Bowen Basin Coal Pty Ltd: The proposed Vermont open-cut mine, located about 15 km north-east<br />

of Dysart, is planned to produce 2.5 Mtpa of coking and PCI coal over 15 years.<br />

Ensham Resources: Is investigating the development of a high capacity underground longwall<br />

operation at the Ensham mine, where production may be increased from 8 to 20 Mtpa by 2009.<br />

Eastern Corporation: Are considering a proposal to commence open-cut production by 2007 at<br />

the Broughton coking and thermal coal deposit south of the Hail Creek mine.

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